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Economy in Albia, Iowa

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

Economy
EconomyAlbia, IAUnited States
Unemployment Rate8.10%9.10%
Recent Job Growth1.01%-0.12%
Future Job Growth33.92%31.25%
Sales Taxes7.00%6.80%
Income Taxes8.98%6.25%
Income per Cap.$22,599$27,067
Household Income$42,652$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K13.50%12.10%
Income between 15K and 25K17.68%10.18%
Income between 25K and 35K10.65%10.56%
Income between 35K and 50K16.08%14.98%
Income between 50K and 75K21.50%19.53%
Income between 75K and 100K10.72%12.52%
Income between 100K and 150K6.13%12.14%
Income between 150K and 250K2.37%3.91%
Income between 250K and 500K1.32%3.34%
Income greater than 500K0.07%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations8.68%13.81%
Professional and Related Occupations18.87%22.68%
Service10.45%14.51%
Sales and Office23.18%25.22%
Farming, Fishing, and Forestry2.03%0.68%
Construction, Extraction, and Maintenance9.06%9.37%
Production, Transportation, and Material Moving25.97%15.86%
Median Household Income

The unemployment rate in Albia, IA, is 8.10%, with job growth of 1.01%. Future job growth over the next ten years is predicted to be 33.92%.

Albia, IA Taxes

Albia, IA,sales tax rate is 7.00%. Income tax is 8.98%.

Albia, IA Income and Salaries

The income per capita is $22,599, which includes all adults and children. The median household income is $42,652.


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