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EconPulse

Local economy signal dashboard

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PLACEThriving

Ashford, AL

Thriving overall. Federal Funds is the clearest support signal, while population needs the most attention. Housing reads as affordable for a median-income household.

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Overall score73out of 100
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63
81
54
74
97

Population

2,447

Data freshness

Unknown

GDP / Output

+3.4% YoY

63

$8.0B

Output changed +3.4% in 2024.

Vintage date unknown

State growth5.1%
U.S. growth5.3%

Jobs

Unemployment rate

81

3.0%

Unemployment is 3.0% for Latest available.

Vintage date unknown

State avg3.2%
U.S. avg5.2%

Population

+0.7% 5-year

54

2,447

Population moved +0.7% over the latest ACS window.

Vintage date unknown

State population5,086,768
U.S. population334,922,499

Housing

Rent share of income

74

18.3%

Median rent consumes 18.3% of median household income: Affordable.

Vintage date unknown

State rent$1.0K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

Federal Funds

$7.8K per resident

97

$832.4M

$832.4M in federal obligations flowed here in FY2025.

Vintage date unknown

State total$71.6B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$832.4M

$7.8K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$627.1M
2. Department of Veterans Affairs$124.3M
3. Department of Education$22.1M

Top recipients

Dollars
1. GEORGE C WALLACE COMMUNITY COLLEGE-DOTHAN$15.4M
2. HOUSING AUTHORITY OF THE CITY OF DOTHAN, ALABAMA$13.2M
3. REDACTED DUE TO PII$13.2M

Affordable

Housing Affordability

18.3%

of median income

1BR estimate$815
2BR estimate$1,074
Median income$65,341
Median home value$180,100

ACS context

Quick Facts

Population

2,447

Median age

36.8

Bachelor's degree+

18.6%

Poverty rate

15.0%

Labor force participation

59.9%

Prime rate

6.8%

CPI YoY

+3.2%

U.S. GDP YoY

+6.5%

Sources and warnings

Data Provenance

Census ACS 5-year

2024

BLS LAUS / CPS

Latest available

BEA regional CAGDP1

2024

USAspending

FY2025

FRED

2026-07-30

HUD Fair Market Rent

Latest available

Data notes
  • HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

5-year compound growth

Historical Trends

Population CAGR

+0.1%

GDP CAGR

+5.7%

Federal flow

5 years

Population (5 years)
20202,431
20212,476
20222,476
20232,438
20242,447
GDP (5 years)
2020$6.1B
2021$6.7B
2022$7.3B
2023$7.8B
2024$8.0B

2-year linear forecast

Predictive Outlook

Population forecast

20242,447
20252,452 *
20262,451 *

R² = 0.2% · * projected

GDP forecast

2024$8.0B
2025$8.7B *
2026$9.2B *

R² = 98.0% · * projected

Linear regression over available historical data. Projections are estimates based on past trends and do not account for policy changes, economic shocks, or other external factors.

housing affordability breakdown

Cost of Living

Median household income$65,341/yr
Median rent$994/mo
Rent share of income18.3%
Est. mortgage (30yr, 6.5%)$10,928/yr
Mortgage share of income16.7%

Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.

employment snapshot

Job Market

Unemployment rate3.0%
State avg3.2%
U.S. avg5.2%
Labor force participation59.9%
Poverty rate15.0%

Data from BLS LAUS / CPS. Latest available.

valuation snapshot

Real Estate

Median home value$180,100
Median monthly rent$994
Price-to-rent ratio15.1x

Moderate price-to-rent ratio — buying and renting are roughly balanced in this market.

composite score

Investment Climate

Investment climateStrong
Composite score68/100
Economic growth63/100
Labor market81/100
Population momentum54/100
Overall stability73/100

Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.

Location Context

Ashford city, Alabama

City/Town

Part of

Dothan, AL

Nearby locations

Avon, ALCowarts, ALWebb, ALGordon, ALKinsey, AL