GDP / Output
+3.6% YoY
64
$17.3B
Output changed +3.6% in 2024.
Vintage date unknown
State growth5.1%
U.S. growth5.3%
Jobs
Unemployment rate
0
13.0%
Unemployment is 13.0% for Latest available.
Vintage date unknown
State avg3.2%
U.S. avg5.2%
Population
+4.3% 5-year
76
845
Population moved +4.3% over the latest ACS window.
Vintage date unknown
State population5,086,768
U.S. population334,922,499
Housing
Rent share of income
61
27.6%
Median rent consumes 27.6% 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
$7.1K per resident
92
$1.6B
$1.6B 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
$1.6B
$7.1K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$1.2B
2. Department of Transportation$169.1M
3. Department of Veterans Affairs$151.5M
Top recipients
Dollars1. ALABAMA DEPARTMENT OF TRANSPORTATION$168.8M
2. SYSCO CENTRAL ALABAMA INC$25.5M
3. ALTEC INDUSTRIES, INC.$17.1M
Affordable
Housing Affordability
27.6%
of median income
1BR estimate$904
2BR estimate$1,190
Median income$47,917
Median home value$33,000
ACS context
Quick Facts
Population
845
Median age
33.2
Bachelor's degree+
10.4%
Poverty rate
11.4%
Labor force participation
58.6%
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
+0.8%
GDP CAGR
+5.8%
Federal flow
5 years
Population (5 years)
2020810
2021871
2022716
2023720
2024845
GDP (5 years)
2020$13.1B
2021$14.4B
2022$16.0B
2023$16.7B
2024$17.3B
2-year linear forecast
Predictive Outlook
Population forecast
2024845
2025768 *
2026760 *
R² = 3.2% · * projected
GDP forecast
2024$17.3B
2025$18.7B *
2026$19.8B *
R² = 96.7% · * 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$47,917/yr
Median rent$1,102/mo
Rent share of income27.6%
Est. mortgage (30yr, 6.5%)$2,002/yr
Mortgage share of income4.2%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate13.0%
State avg3.2%
U.S. avg5.2%
Labor force participation58.6%
Poverty rate11.4%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$33,000
Median monthly rent$1,102
Price-to-rent ratio2.5x
Low price-to-rent ratio — buying may be more favorable than renting in this market.
composite score
Investment Climate
Investment climateModerate
Composite score47/100
Economic growth64/100
Labor market0/100
Population momentum76/100
Overall stability49/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.