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EconPulse

Local economy signal dashboard

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PLACEThriving

Hobson, AL

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

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Overall score72out of 100
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100
80
0
NA
100

Population

181

Data freshness

Unknown

GDP / Output

+12.0% YoY

100

$1.3B

Output changed +12.0% in 2024.

Vintage date unknown

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

Jobs

Unemployment rate

80

2.8%

Unemployment is 2.8% for April 2026.

Vintage date unknown

State avg4.7%
U.S. avg4.3%

Population

-12.1% 5-year

0

181

Population moved -12.1% over the latest ACS window.

Vintage date unknown

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

Housing

Rent share of income

NA

Unavailable

Housing affordability could not be calculated.

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

$8.6K per resident

100

$132.2M

$132.2M 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

$132.2M

$8.6K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$110.9M
2. Department of Veterans Affairs$11.8M
3. Department of Transportation$4.7M

Top recipients

Dollars
1. ALABAMA DEPARTMENT OF TRANSPORTATION$4.7M
2. THE WASHINGTON COUNTY HEALTH CARE AUTHORITY INC$1.3M
3. REDACTED DUE TO PII$1.2M

Unavailable

Housing Affordability

Unavailable

of median income

1BR estimateUnavailable
2BR estimateUnavailable
Median income$170,240
Median home value$223,000

ACS context

Quick Facts

Population

181

Median age

51.3

Bachelor's degree+

22.3%

Poverty rate

0.0%

Labor force participation

69.6%

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

April 2026

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

-2.6%

GDP CAGR

+8.3%

Federal flow

5 years

Population (5 years)
2020206
2021197
2022132
2023156
2024181
GDP (5 years)
2020$873.9M
2021$992.8M
2022$1.1B
2023$1.2B
2024$1.3B

2-year linear forecast

Predictive Outlook

Population forecast

2024181
2025147 *
2026138 *

R² = 22.4% · * projected

GDP forecast

2024$1.3B
2025$1.4B *
2026$1.5B *

R² = 99.0% · * 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$170,240/yr
Est. mortgage (30yr, 6.5%)$13,531/yr
Mortgage share of income7.9%

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

employment snapshot

Job Market

Unemployment rate2.8%
State avg4.7%
U.S. avg4.3%
Labor force participation69.6%
Poverty rate0.0%

Data from BLS LAUS / CPS. April 2026.

valuation snapshot

Real Estate

Median home value$223,000

composite score

Investment Climate

Investment climateStrong
Composite score68/100
Economic growth100/100
Labor market80/100
Population momentum0/100
Overall stability72/100

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

Location Context

Hobson CDP, Alabama

City/Town

Part of

Alabama

Nearby locations

Chatom, ALSt. Stephens, ALTibbie, ALLeroy, ALMillry, AL