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EconPulse

Local economy signal dashboard

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PLACEThriving

Collinsville, AL

Thriving overall. GDP / Output 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 score67out of 100
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98
74
0
71
77

Population

1,781

Data freshness

Unknown

GDP / Output

+8.4% YoY

98

$3.1B

Output changed +8.4% in 2024.

Vintage date unknown

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

Jobs

Unemployment rate

74

3.5%

Unemployment is 3.5% for June 2026.

Vintage date unknown

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

Population

-23.0% 5-year

0

1,781

Population moved -23.0% over the latest ACS window.

Vintage date unknown

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

Housing

Rent share of income

71

20.7%

Median rent consumes 20.7% 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

$5.3K per resident

77

$379.2M

$379.2M 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

$379.2M

$5.3K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$381.0M
2. Department of Transportation$55.2M
3. Department of Veterans Affairs$37.5M

Top recipients

Dollars
1. ALABAMA DEPARTMENT OF TRANSPORTATION$55.2M
2. NORTHEAST ALABAMA COMMUNITY COLLEGE$7.1M
3. REDACTED DUE TO PII$7.0M

Affordable

Housing Affordability

20.7%

of median income

1BR estimate$447
2BR estimate$589
Median income$31,652
Median home value$59,000

ACS context

Quick Facts

Population

1,781

Median age

49.1

Bachelor's degree+

6.7%

Poverty rate

26.0%

Labor force participation

46.6%

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

June 2026

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

-5.1%

GDP CAGR

+8.9%

Federal flow

5 years

Population (5 years)
20202,312
20212,044
20222,036
20231,835
20241,781
GDP (5 years)
2020$2.0B
2021$2.3B
2022$2.8B
2023$2.8B
2024$3.1B

2-year linear forecast

Predictive Outlook

Population forecast

20241,781
20251,620 *
20261,493 *

R² = 91.9% · * projected

GDP forecast

2024$3.1B
2025$3.4B *
2026$3.6B *

R² = 95.2% · * 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$31,652/yr
Median rent$545/mo
Rent share of income20.7%
Est. mortgage (30yr, 6.5%)$3,580/yr
Mortgage share of income11.3%

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

employment snapshot

Job Market

Unemployment rate3.5%
State avg3.2%
U.S. avg5.2%
Labor force participation46.6%
Poverty rate26.0%

Data from BLS LAUS / CPS. June 2026.

valuation snapshot

Real Estate

Median home value$59,000
Median monthly rent$545
Price-to-rent ratio9.0x

Low price-to-rent ratio — buying may be more favorable than renting in this market.

composite score

Investment Climate

Investment climateModerate
Composite score65/100
Economic growth98/100
Labor market74/100
Population momentum0/100
Overall stability67/100

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

Location Context

Collinsville city, Alabama

City/Town

Part of

Fort Payne, AL

Nearby locations

Sand Rock, ALCrossville, ALLeesburg, ALGeraldine, ALLakeview, AL