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
47
5.0%
Unemployment is 5.0% for Latest available.
Vintage date unknown
State avg4.7%
U.S. avg4.3%
Population
+6.1% 5-year
87
14,927
Population moved +6.1% over the latest ACS window.
Vintage date unknown
State population5,086,768
U.S. population334,922,499
Housing
Rent share of income
76
17.2%
Median rent consumes 17.2% 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$71.5B
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
Dollars1. Social Security Administration$381.0M
2. Department of Transportation$55.2M
3. Department of Veterans Affairs$37.4M
Top recipients
Dollars1. ALABAMA DEPARTMENT OF TRANSPORTATION$55.2M
2. NORTHEAST ALABAMA COMMUNITY COLLEGE$7.1M
3. REDACTED DUE TO PII$7.0M
Affordable
Housing Affordability
17.2%
of median income
1BR estimate$557
2BR estimate$733
Median income$47,479
Median home value$157,000
ACS context
Quick Facts
Population
14,927
Median age
37.4
Bachelor's degree+
17.3%
Poverty rate
32.5%
Labor force participation
57.6%
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
+1.2%
GDP CAGR
+8.9%
Federal flow
5 years
Population (5 years)
202014,063
202114,730
202214,815
202314,886
202414,927
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
202414,927
202515,249 *
202615,438 *
R² = 70.3% · * 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$47,479/yr
Median rent$679/mo
Rent share of income17.2%
Est. mortgage (30yr, 6.5%)$9,527/yr
Mortgage share of income20.1%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate5.0%
State avg4.7%
U.S. avg4.3%
Labor force participation57.6%
Poverty rate32.5%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$157,000
Median monthly rent$679
Price-to-rent ratio19.3x
Moderate price-to-rent ratio — buying and renting are roughly balanced in this market.
composite score
Investment Climate
Investment climateStrong
Composite score77/100
Economic growth98/100
Labor market47/100
Population momentum87/100
Overall stability73/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.