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Economy in Birmingham-Hoover Metro Area, Alabama

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

EconomyBirmingham-Hoover, ALUnited States
Unemployment Rate7.30%8.60%
Recent Job Growth0.55%0.35%
Future Job Growth33.80%32.10%
Sales Taxes10.00%5.00%
Income Taxes5.00%4.70%
Income per Cap.$25,809$26,154
Household Income$48,398$50,935
Income Less Than 15K14.06%12.37%
Income between 15K and 25K10.46%10.53%
Income between 25K and 35K11.38%10.88%
Income between 35K and 50K15.69%15.37%
Income between 50K and 75K19.51%20.14%
Income between 75K and 100K11.99%12.41%
Income between 100K and 150K10.49%11.27%
Income between 150K and 250K4.52%5.01%
Income between 250K and 500K1.75%1.86%
Income greater than 500K0.16%0.16%
Management, Business, and Financial Operations14.37%14.04%
Professional and Related Occupations20.53%20.61%
Sales and Office29.29%26.75%
Farming, Fishing, and Forestry0.36%0.70%
Construction, Extraction, and Maintenance10.78%9.42%
Production, Transportation, and Material Moving12.98%14.05%

Median Household Income

The unemployment rate in Birmingham-Hoover Metro Area, AL, is 7.30%, with job growth of 0.55%. Future job growth over the next ten years is predicted to be 33.80%.

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 $25,809, which includes all adults and children. The median household income is $48,398.

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