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EconPulse

Local economy signal dashboard

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PLACEStable

Eclectic, AL

Stable overall. GDP / Output is the clearest support signal, while jobs needs the most attention. Housing reads as affordable for a median-income household.

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Overall score58out of 100
Compare
100
18
28
76
95

Population

1,141

Data freshness

Unknown

GDP / Output

+9.9% YoY

100

$3.1B

Output changed +9.9% in 2024.

Vintage date unknown

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

Jobs

Unemployment rate

18

7.2%

Unemployment is 7.2% for Latest available.

Vintage date unknown

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

Population

-3.6% 5-year

28

1,141

Population moved -3.6% over the latest ACS window.

Vintage date unknown

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

Housing

Rent share of income

76

16.8%

Median rent consumes 16.8% 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

$7.5K per resident

95

$663.6M

$663.6M 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

$663.6M

$7.5K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$488.7M
2. Department of Veterans Affairs$142.3M
3. Department of Transportation$18.4M

Top recipients

Dollars
1. ALABAMA DEPARTMENT OF TRANSPORTATION$18.1M
2. REDACTED DUE TO PII$2.2M
3. ALABAMA PARENT EDUCATION CENTER, INC.$974.2K

Affordable

Housing Affordability

16.8%

of median income

1BR estimate$573
2BR estimate$755
Median income$49,904
Median home value$161,800

ACS context

Quick Facts

Population

1,141

Median age

38.3

Bachelor's degree+

22.2%

Poverty rate

14.0%

Labor force participation

60.2%

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

-0.7%

GDP CAGR

+8.1%

Federal flow

5 years

Population (5 years)
20201,184
20211,274
20221,108
20231,201
20241,141
GDP (5 years)
2020$2.1B
2021$2.3B
2022$2.5B
2023$2.8B
2024$3.1B

2-year linear forecast

Predictive Outlook

Population forecast

20241,141
20251,134 *
20261,118 *

R² = 15.8% · * projected

GDP forecast

2024$3.1B
2025$3.3B *
2026$3.6B *

R² = 98.7% · * 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$49,904/yr
Median rent$699/mo
Rent share of income16.8%
Est. mortgage (30yr, 6.5%)$9,818/yr
Mortgage share of income19.7%

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

employment snapshot

Job Market

Unemployment rate7.2%
State avg3.2%
U.S. avg5.2%
Labor force participation60.2%
Poverty rate14.0%

Data from BLS LAUS / CPS. Latest available.

valuation snapshot

Real Estate

Median home value$161,800
Median monthly rent$699
Price-to-rent ratio19.3x

Moderate price-to-rent ratio — buying and renting are roughly balanced in this market.

composite score

Investment Climate

Investment climateModerate
Composite score55/100
Economic growth100/100
Labor market18/100
Population momentum28/100
Overall stability58/100

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

Location Context

Eclectic town, Alabama

City/Town

Part of

Montgomery, AL

Nearby locations

Equality, ALTallassee, ALWetumpka, ALRedland, ALBlue Ridge, AL