Economy in Alabama
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Economy
| Unemployment Rate | 9.00% | 9.10% |
| Recent Job Growth | -0.18% | -0.12% |
| Future Job Growth | 30.64% | 31.25% |
| Sales Taxes | 7.50% | 6.80% |
| Income Taxes | 5.00% | 6.25% |
| Income per Cap. | $23,047 | $27,067 |
| Household Income | $42,793 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 17.88% | 12.10% |
| Income between 15K and 25K | 12.39% | 10.18% |
| Income between 25K and 35K | 11.72% | 10.56% |
| Income between 35K and 50K | 15.64% | 14.98% |
| Income between 50K and 75K | 18.41% | 19.53% |
| Income between 75K and 100K | 10.34% | 12.52% |
| Income between 100K and 150K | 8.88% | 12.14% |
| Income between 150K and 250K | 2.33% | 3.91% |
| Income between 250K and 500K | 2.01% | 3.34% |
| Income greater than 500K | 0.41% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 11.74% | 13.81% |
| Professional and Related Occupations | 21.28% | 22.68% |
| Service | 13.24% | 14.51% |
| Sales and Office | 25.75% | 25.22% |
| Farming, Fishing, and Forestry | 0.64% | 0.68% |
| Construction, Extraction, and Maintenance | 10.98% | 9.37% |
| Production, Transportation, and Material Moving | 20.78% | 15.86% |
The unemployment rate in Alabama, AL, is 9.00%, with job growth of -0.18%. Future job growth over the next ten years is predicted to be 30.64%.
Alabama, AL Taxes
Alabama, AL,sales tax rate is 7.50%. Income tax is 5.00%.
Alabama, AL Income and Salaries
The income per capita is $23,047, which includes all adults and children. The median household income is $42,793.
Alabama Economy SperlingViews
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