GDP / Output
+5.9% YoY
80
$4.3B
Output changed +5.9% in 2024.
Vintage date unknown
State growth5.1%
U.S. growth5.3%
Jobs
Unemployment rate
95
2.1%
Unemployment is 2.1% for Latest available.
Vintage date unknown
State avg3.2%
U.S. avg5.2%
Population
+2.7% 5-year
66
1,039
Population moved +2.7% over the latest ACS window.
Vintage date unknown
State population5,086,768
U.S. population334,922,499
Housing
Rent share of income
77
16.7%
Median rent consumes 16.7% 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
$7.2K per resident
92
$629.2M
$629.2M 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
$629.2M
$7.2K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$518.2M
2. Department of Veterans Affairs$63.6M
3. Department of Education$16.7M
Top recipients
Dollars1. WALLACE STATE COMMUNITY COLLEGE$16.7M
2. ALABAMA DEPARTMENT OF TRANSPORTATION$7.2M
3. CITY OF CULLMAN$5.4M
Affordable
Housing Affordability
16.7%
of median income
1BR estimate$721
2BR estimate$949
Median income$63,143
Median home value$89,800
ACS context
Quick Facts
Population
1,039
Median age
33.9
Bachelor's degree+
9.9%
Poverty rate
25.1%
Labor force participation
65.0%
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
+0.5%
GDP CAGR
+7.5%
Federal flow
5 years
Population (5 years)
20201,012
20211,114
2022982
2023976
20241,039
GDP (5 years)
2020$3.0B
2021$3.4B
2022$3.9B
2023$4.0B
2024$4.3B
2-year linear forecast
Predictive Outlook
Population forecast
20241,039
2025999 *
2026991 *
R² = 5.6% · * projected
GDP forecast
2024$4.3B
2025$4.7B *
2026$5.0B *
R² = 95.6% · * 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$63,143/yr
Median rent$879/mo
Rent share of income16.7%
Est. mortgage (30yr, 6.5%)$5,449/yr
Mortgage share of income8.6%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate2.1%
State avg3.2%
U.S. avg5.2%
Labor force participation65.0%
Poverty rate25.1%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$89,800
Median monthly rent$879
Price-to-rent ratio8.5x
Low price-to-rent ratio — buying may be more favorable than renting in this market.
composite score
Investment Climate
Investment climateStrong
Composite score82/100
Economic growth80/100
Labor market95/100
Population momentum66/100
Overall stability83/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.