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
66
4.0%
Unemployment is 4.0% for Latest available.
Vintage date unknown
State avg3.2%
U.S. avg5.2%
Population
+43.5% 5-year
100
887
Population moved +43.5% over the latest ACS window.
Vintage date unknown
State population5,086,768
U.S. population334,922,499
Housing
Rent share of income
63
26.6%
Median rent consumes 26.6% 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
26.6%
of median income
1BR estimate$1,291
2BR estimate$1,700
Median income$70,982
Median home value$146,600
ACS context
Quick Facts
Population
887
Median age
38.3
Bachelor's degree+
12.9%
Poverty rate
15.4%
Labor force participation
59.7%
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
+7.5%
GDP CAGR
+7.5%
Federal flow
5 years
Population (5 years)
2020618
2021639
2022532
2023592
2024887
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
2024887
2025801 *
2026850 *
R² = 32.3% · * 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$70,982/yr
Median rent$1,574/mo
Rent share of income26.6%
Est. mortgage (30yr, 6.5%)$8,895/yr
Mortgage share of income12.5%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate4.0%
State avg3.2%
U.S. avg5.2%
Labor force participation59.7%
Poverty rate15.4%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$146,600
Median monthly rent$1,574
Price-to-rent ratio7.8x
Low price-to-rent ratio — buying may be more favorable than renting in this market.
composite score
Investment Climate
Investment climateStrong
Composite score80/100
Economic growth80/100
Labor market66/100
Population momentum100/100
Overall stability76/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.