According to a recent report by The Business Journals, an organization that publishes 62 business publications across the country, Dale County ranks the highest for wage increase in the state of Alabama and ranks among the top 100 in the nation for five-year wage growth.
An average employee in Dale County earned $51,905 in 2010, with an annual increase of 5.3 percent. In 2005, the average wage in Dale County was $40,100. Because of such a dramatic increase in five years, Dale County ranked 18 in the entire nation, with only Madison County, ranked 91, joining Dale among Alabama counties in the top 100.
The Business Journals calculates wage growth by studying official figures available from the U.S. Bureau of Economic Analysis. Among 67 Alabama counties, Dale County also leads the state in 30-year, 20-year and 10-year wage growth, with an average weekly salary of $887.
The statistics, published March 22, rank Dale County as the only Alabama county in the top 100 nationally for 30-year, 20-year and 10-year wage growth. The county ranked 58, 41 and 17, respectively, with an average wage increase of 4.78 percent. The average wage in Dale County in 1980 was $13,091 and $22,051 in 1990. It had its largest wage increase from 2000 to 2010. The average salary was $31,072 in 2000 and jumped to $51,072 in 2010, a 5.27 percent increase.
The full report, including rankings by state, can be found at www.bizjournals.com.
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