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
0.7%
Unemployment is 0.7% for Latest available.
Vintage date unknown
State avg4.7%
U.S. avg4.3%
Population
+4.8% 5-year
79
1,788
Population moved +4.8% over the latest ACS window.
Vintage date unknown
State population5,086,768
U.S. population334,922,499
Housing
Rent share of income
81
13.5%
Median rent consumes 13.5% 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
13.5%
of median income
1BR estimate$691
2BR estimate$910
Median income$75,018
Median home value$211,300
ACS context
Quick Facts
Population
1,788
Median age
45.3
Bachelor's degree+
17.3%
Poverty rate
8.2%
Labor force participation
59.0%
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
+0.9%
GDP CAGR
+5.8%
Federal flow
5 years
Population (5 years)
20201,706
20211,589
20221,654
20231,649
20241,788
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
20241,788
20251,744 *
20261,767 *
R² = 22.6% · * 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$75,018/yr
Median rent$843/mo
Rent share of income13.5%
Est. mortgage (30yr, 6.5%)$12,821/yr
Mortgage share of income17.1%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate0.7%
State avg4.7%
U.S. avg4.3%
Labor force participation59.0%
Poverty rate8.2%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$211,300
Median monthly rent$843
Price-to-rent ratio20.9x
High price-to-rent ratio — renting may be more economical than buying in this market.
composite score
Investment Climate
Investment climateStrong
Composite score81/100
Economic growth64/100
Labor market100/100
Population momentum79/100
Overall stability84/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.