Skip to main content

EconPulse

Local economy signal dashboard

Saved
PLACEStable

Hillsboro, AL

Stable overall. Jobs is the clearest support signal, while population needs the most attention. Housing reads as affordable for a median-income household.

Post on XLinkedIn
Overall score62out of 100
Compare
11
100
0
81
91

Population

527

Data freshness

Unknown

GDP / Output

-3.9% YoY

11

$864.5M

Output changed -3.9% in 2024.

Vintage date unknown

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

Jobs

Unemployment rate

100

0.0%

Unemployment is 0.0% for Latest available.

Vintage date unknown

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

Population

-10.7% 5-year

0

527

Population moved -10.7% over the latest ACS window.

Vintage date unknown

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

Housing

Rent share of income

81

13.2%

Median rent consumes 13.2% 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

$7.0K per resident

91

$231.2M

$231.2M 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

$231.2M

$7.0K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$201.3M
2. Department of Veterans Affairs$15.0M
3. Department of Agriculture$8.0M

Top recipients

Dollars
1. REDACTED DUE TO PII$7.5M
2. ALABAMA DEPARTMENT OF TRANSPORTATION$4.7M
3. TOWN CREEK APARTMENTS, LTD.$450.7K

Affordable

Housing Affordability

13.2%

of median income

1BR estimate$558
2BR estimate$735
Median income$61,818
Median home value$121,100

ACS context

Quick Facts

Population

527

Median age

53.2

Bachelor's degree+

11.0%

Poverty rate

9.7%

Labor force participation

47.2%

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

-2.2%

GDP CAGR

+7.2%

Federal flow

5 years

Population (5 years)
2020590
2021678
2022559
2023482
2024527
GDP (5 years)
2020$610.8M
2021$689.3M
2022$804.6M
2023$899.9M
2024$864.5M

2-year linear forecast

Predictive Outlook

Population forecast

2024527
2025471 *
2026438 *

R² = 47.7% · * projected

GDP forecast

2024$864.5M
2025$989.3M *
2026$1.1B *

R² = 87.7% · * 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$61,818/yr
Median rent$681/mo
Rent share of income13.2%
Est. mortgage (30yr, 6.5%)$7,348/yr
Mortgage share of income11.9%

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

employment snapshot

Job Market

Unemployment rate0.0%
State avg3.2%
U.S. avg5.2%
Labor force participation47.2%
Poverty rate9.7%

Data from BLS LAUS / CPS. Latest available.

valuation snapshot

Real Estate

Median home value$121,100
Median monthly rent$681
Price-to-rent ratio14.8x

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

composite score

Investment Climate

Investment climateModerate
Composite score44/100
Economic growth11/100
Labor market100/100
Population momentum0/100
Overall stability62/100

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

Location Context

Hillsboro town, Alabama

City/Town

Part of

Decatur, AL

Nearby locations

Trinity, ALNorth Courtland, ALCourtland, ALDecatur, ALMoulton, AL