GDP / Output
+5.7% YoY
79
$1.9B
Output changed +5.7% in 2024.
Vintage date unknown
State growth5.1%
U.S. growth5.3%
Jobs
Unemployment rate
14
7.1%
Unemployment is 7.1% for Latest available.
Vintage date unknown
State avg4.7%
U.S. avg4.1%
Population
+22.4% 5-year
100
786
Population moved +22.4% over the latest ACS window.
Vintage date unknown
State population5,086,768
U.S. population334,922,499
Housing
Rent share of income
62
27.4%
Median rent consumes 27.4% 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
$9.4K per resident
100
$389.5M
$389.5M 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
$389.5M
$9.4K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$289.8M
2. Department of Veterans Affairs$51.3M
3. Department of Transportation$25.2M
Top recipients
Dollars1. ALABAMA DEPARTMENT OF TRANSPORTATION$19.7M
2. VETERANS AFFAIRS, ALABAMA DEPT OF$13.4M
3. THE HOUSING AUTHORITY OF THE CITY OF ALEXANDER CITY$5.8M
Affordable
Housing Affordability
27.4%
of median income
1BR estimate$604
2BR estimate$795
Median income$32,228
Median home value$114,100
ACS context
Quick Facts
Population
786
Median age
40.4
Bachelor's degree+
7.8%
Poverty rate
18.3%
Labor force participation
57.4%
Prime rate
6.8%
CPI YoY
+3.0%
U.S. GDP YoY
+6.6%
Sources and warnings
Data Provenance
Census ACS 5-year
2024
BLS LAUS / CPS
Latest available
BEA regional CAGDP1
2024
USAspending
FY2025
FRED
2026-09-15
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
+4.1%
GDP CAGR
+6.1%
Federal flow
5 years
Population (5 years)
2020642
2021707
2022537
2023554
2024786
GDP (5 years)
2020$1.4B
2021$1.6B
2022$1.7B
2023$1.8B
2024$1.9B
2-year linear forecast
Predictive Outlook
Population forecast
2024786
2025686 *
2026699 *
R² = 4.2% · * projected
GDP forecast
2024$1.9B
2025$2.0B *
2026$2.2B *
R² = 99.6% · * 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$32,228/yr
Median rent$736/mo
Rent share of income27.4%
Est. mortgage (30yr, 6.5%)$6,923/yr
Mortgage share of income21.5%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate7.1%
State avg4.7%
U.S. avg4.1%
Labor force participation57.4%
Poverty rate18.3%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$114,100
Median monthly rent$736
Price-to-rent ratio12.9x
Low price-to-rent ratio — buying may be more favorable than renting in this market.
composite score
Investment Climate
Investment climateModerate
Composite score62/100
Economic growth79/100
Labor market14/100
Population momentum100/100
Overall stability61/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.