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
100
0.6%
Unemployment is 0.6% for Latest available.
Vintage date unknown
State avg4.7%
U.S. avg4.3%
Population
+8.0% 5-year
98
8,146
Population moved +8.0% over the latest ACS window.
Vintage date unknown
State population5,086,768
U.S. population334,922,499
Housing
Rent share of income
69
21.9%
Median rent consumes 21.9% 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$71.5B
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$151.3M
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
21.9%
of median income
1BR estimate$1,197
2BR estimate$1,577
Median income$79,904
Median home value$427,400
ACS context
Quick Facts
Population
8,146
Median age
39.1
Bachelor's degree+
61.2%
Poverty rate
4.6%
Labor force participation
78.6%
Prime rate
6.8%
CPI YoY
+3.9%
U.S. GDP YoY
+5.9%
Sources and warnings
Data Provenance
Census ACS 5-year
2024
BLS LAUS / CPS
Latest available
BEA regional CAGDP1
2024
USAspending
FY2025
FRED
2026-06-10
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
+1.5%
GDP CAGR
+5.8%
Federal flow
5 years
Population (5 years)
20207,545
20217,754
20228,008
20238,428
20248,146
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
20248,146
20258,539 *
20268,727 *
R² = 75.0% · * 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$79,904/yr
Median rent$1,460/mo
Rent share of income21.9%
Est. mortgage (30yr, 6.5%)$25,934/yr
Mortgage share of income32.5%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate0.6%
State avg4.7%
U.S. avg4.3%
Labor force participation78.6%
Poverty rate4.6%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$427,400
Median monthly rent$1,460
Price-to-rent ratio24.4x
High price-to-rent ratio — renting may be more economical than buying in this market.
composite score
Investment Climate
Investment climateStrong
Composite score85/100
Economic growth64/100
Labor market100/100
Population momentum98/100
Overall stability84/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.