GDP / Output
+5.7% YoY
79
$13.4B
Output changed +5.7% in 2024.
Vintage date unknown
State growth5.1%
U.S. growth5.3%
Jobs
Unemployment rate
90
2.4%
Unemployment is 2.4% for Latest available.
Vintage date unknown
State avg3.2%
U.S. avg5.2%
Population
+30.7% 5-year
100
16,401
Population moved +30.7% over the latest ACS window.
Vintage date unknown
State population5,086,768
U.S. population334,922,499
Housing
Rent share of income
68
22.8%
Median rent consumes 22.8% 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
$9.6K per resident
100
$2.2B
$2.2B 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
$2.2B
$9.6K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$1.6B
2. Department of Veterans Affairs$247.6M
3. Department of Transportation$209.4M
Top recipients
Dollars1. ALABAMA DEPARTMENT OF TRANSPORTATION$200.0M
2. COLUMBIA SOUTHERN EDUCATION GROUP, INC.$35.7M
3. COASTAL ALABAMA COMMUNITY COLLEGE$21.8M
Affordable
Housing Affordability
22.8%
of median income
1BR estimate$1,216
2BR estimate$1,602
Median income$78,188
Median home value$382,700
ACS context
Quick Facts
Population
16,401
Median age
50.8
Bachelor's degree+
39.9%
Poverty rate
11.5%
Labor force participation
59.1%
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
+5.5%
GDP CAGR
+8.9%
Federal flow
5 years
Population (5 years)
202012,550
202114,712
202215,178
202315,785
202416,401
GDP (5 years)
2020$8.8B
2021$9.8B
2022$11.2B
2023$12.7B
2024$13.4B
2-year linear forecast
Predictive Outlook
Population forecast
202416,401
202517,558 *
202618,435 *
R² = 88.8% · * projected
GDP forecast
2024$13.4B
2025$14.9B *
2026$16.1B *
R² = 99.1% · * 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$78,188/yr
Median rent$1,483/mo
Rent share of income22.8%
Est. mortgage (30yr, 6.5%)$23,222/yr
Mortgage share of income29.7%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate2.4%
State avg3.2%
U.S. avg5.2%
Labor force participation59.1%
Poverty rate11.5%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$382,700
Median monthly rent$1,483
Price-to-rent ratio21.5x
High price-to-rent ratio — renting may be more economical than buying in this market.
composite score
Investment Climate
Investment climateStrong
Composite score87/100
Economic growth79/100
Labor market90/100
Population momentum100/100
Overall stability85/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.