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Economy in Montgomery Metro Area, Alabama

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

EconomyMontgomery, ALUnited States
Unemployment Rate8.20%8.60%
Recent Job Growth0.23%0.35%
Future Job Growth32.26%32.10%
Sales Taxes10.00%5.00%
Income Taxes5.00%4.70%
Income per Cap.$23,087$26,154
Household Income$45,951$50,935
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K14.60%12.37%
Income between 15K and 25K11.12%10.53%
Income between 25K and 35K12.31%10.88%
Income between 35K and 50K16.21%15.37%
Income between 50K and 75K20.21%20.14%
Income between 75K and 100K11.60%12.41%
Income between 100K and 150K9.37%11.27%
Income between 150K and 250K3.35%5.01%
Income between 250K and 500K1.14%1.86%
Income greater than 500K0.10%0.16%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations14.36%14.04%
Professional and Related Occupations21.25%20.61%
Service13.75%14.45%
Sales and Office28.51%26.75%
Farming, Fishing, and Forestry0.42%0.70%
Construction, Extraction, and Maintenance8.63%9.42%
Production, Transportation, and Material Moving13.07%14.05%


Median Household Income

The unemployment rate in Montgomery Metro Area, AL, is 8.20%, with job growth of 0.23%. Future job growth over the next ten years is predicted to be 32.26%.

Montgomery Metro Area, AL Taxes

Montgomery Metro Area, AL,sales tax rate is 10.00%. Income tax is 5.00%.

Montgomery Metro Area, AL Income and Salaries

The income per capita is $23,087, which includes all adults and children. The median household income is $45,951.


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