Economy in Sylvan Springs, Alabama
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Economy
| Unemployment Rate | 8.70% | 9.10% |
| Recent Job Growth | -0.12% | -0.12% |
| Future Job Growth | 31.06% | 31.25% |
| Sales Taxes | 9.00% | 6.80% |
| Income Taxes | 5.00% | 6.25% |
| Income per Cap. | $26,649 | $27,067 |
| Household Income | $58,977 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 7.49% | 12.10% |
| Income between 15K and 25K | 7.32% | 10.18% |
| Income between 25K and 35K | 9.15% | 10.56% |
| Income between 35K and 50K | 17.30% | 14.98% |
| Income between 50K and 75K | 24.79% | 19.53% |
| Income between 75K and 100K | 17.14% | 12.52% |
| Income between 100K and 150K | 12.48% | 12.14% |
| Income between 150K and 250K | 3.00% | 3.91% |
| Income between 250K and 500K | 1.16% | 3.34% |
| Income greater than 500K | 0.17% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 9.82% | 13.81% |
| Professional and Related Occupations | 15.85% | 22.68% |
| Service | 12.20% | 14.51% |
| Sales and Office | 27.91% | 25.22% |
| Farming, Fishing, and Forestry | 0.14% | 0.68% |
| Construction, Extraction, and Maintenance | 14.87% | 9.37% |
| Production, Transportation, and Material Moving | 21.32% | 15.86% |
The unemployment rate in Sylvan Springs, AL, is 8.70%, with job growth of -0.12%. Future job growth over the next ten years is predicted to be 31.06%.
Sylvan Springs, AL Taxes
Sylvan Springs, AL,sales tax rate is 9.00%. Income tax is 5.00%.
Sylvan Springs, AL Income and Salaries
The income per capita is $26,649, which includes all adults and children. The median household income is $58,977.
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