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Economy in Birmingham-Hoover Metro Area, Alabama

Overview, People, Health, Economy, Housing, Rankings, Climate, Crime
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EconomyBirmingham-Hoover, ALUnited States
Unemployment Rate5.40%6.30%
Recent Job Growth-0.96%1.18%
Future Job Growth32.70%36.10%
Sales Taxes10.00%6.00%
Income Taxes5.00%4.72%
Income per Cap.$26,711$28,051
Household Income$48,420$53,046
Family Median Income$60,847$64,585
Income Less Than 15K14.27%12.61%
Income between 15K and 20K5.91%5.33%
Income between 20K and 30K11.37%10.57%
Income between 30K and 40K10.81%9.90%
Income between 40K and 50K8.98%8.95%
Income between 50K and 60K8.11%8.08%
Income between 60K and 75K9.64%10.09%
Income between 75K and 100K11.64%12.25%
Income between 100K and 150K11.69%12.82%
Income between 150K and 200K4.00%4.78%
Income greater than 200K3.59%4.64%
Management, business, finance13.99%14.36%
Engineering, computers, science4.38%5.24%
Community, social services1.65%1.66%
Education, library5.76%6.10%
Arts, design, media, sports, entertainment1.53%1.88%
Healthcare practitioners and technology6.85%5.49%
Healthcare support2.07%2.47%
Firefighters, law enforcement2.08%2.24%
Food preparation, serving4.81%5.61%
Building maintenance3.68%3.97%
Personal care2.83%3.54%
Sales, office, administrative support27.37%24.89%
Farming, fishing, forestry0.24%0.73%
Construction, extraction, maintenance/repair9.26%8.56%
Production, transportation, material moving12.03%12.10%

The unemployment rate in Birmingham-Hoover Metro Area, AL, is 5.40%, with job growth of -0.96%. Future job growth over the next ten years is predicted to be 32.70%.

Birmingham-Hoover Metro Area, AL Taxes

Birmingham-Hoover Metro Area, AL,sales tax rate is 10.00%. Income tax is 5.00%.

Birmingham-Hoover Metro Area, AL Income and Salaries

The income per capita is $26,711, which includes all adults and children. The median household income is $48,420.

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