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Economy in Oakman, Alabama

Overview, People, Health, Economy, Housing, Rankings, Crime
Climate, Education, Transportation, Cost of Living, Religion, Voting

Economy
EconomyOakman, ALUnited States
Unemployment Rate9.60%9.10%
Recent Job Growth-1.49%-0.12%
Future Job Growth27.42%31.25%
Sales Taxes8.00%6.80%
Income Taxes5.00%6.25%
Income per Cap.$18,915$27,067
Household Income$35,526$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K23.58%12.10%
Income between 15K and 25K11.92%10.18%
Income between 25K and 35K13.82%10.56%
Income between 35K and 50K17.89%14.98%
Income between 50K and 75K16.26%19.53%
Income between 75K and 100K10.03%12.52%
Income between 100K and 150K4.33%12.14%
Income between 150K and 250K0.27%3.91%
Income between 250K and 500K1.90%3.34%
Income greater than 500K0.00%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations2.93%13.81%
Professional and Related Occupations22.29%22.68%
Service16.72%14.51%
Sales and Office23.46%25.22%
Farming, Fishing, and Forestry0.59%0.68%
Construction, Extraction, and Maintenance18.77%9.37%
Production, Transportation, and Material Moving29.62%15.86%
Median Household Income

The unemployment rate in Oakman, AL, is 9.60%, with job growth of -1.49%. Future job growth over the next ten years is predicted to be 27.42%.

Oakman, AL Taxes

Oakman, AL,sales tax rate is 8.00%. Income tax is 5.00%.

Oakman, AL Income and Salaries

The income per capita is $18,915, which includes all adults and children. The median household income is $35,526.


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