GDP / Output
+3.7% YoY
65
$14.4B
Output changed +3.7% in 2024.
Vintage date unknown
State growth5.1%
U.S. growth5.3%
Jobs
Unemployment rate
63
4.2%
Unemployment is 4.2% for June 2026.
Vintage date unknown
State avg3.2%
U.S. avg5.2%
Population
+58.2% 5-year
100
4,063
Population moved +58.2% over the latest ACS window.
Vintage date unknown
State population5,086,768
U.S. population334,922,499
Housing
Rent share of income
72
19.8%
Median rent consumes 19.8% 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
$6.8K per resident
90
$1.6B
$1.6B 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
$1.6B
$6.8K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$967.9M
2. Department of Veterans Affairs$204.6M
3. Department of Transportation$107.2M
Top recipients
Dollars1. UNIVERSITY OF ALABAMA$137.5M
2. ALABAMA DEPARTMENT OF TRANSPORTATION$75.1M
3. HURLEY JV, LLP$44.7M
Affordable
Housing Affordability
19.8%
of median income
1BR estimate$1,374
2BR estimate$1,810
Median income$101,487
Median home value$304,400
ACS context
Quick Facts
Population
4,063
Median age
38.1
Bachelor's degree+
31.0%
Poverty rate
4.2%
Labor force participation
66.2%
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
June 2026
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
+9.6%
GDP CAGR
+6.4%
Federal flow
5 years
Population (5 years)
20202,569
20213,357
20223,611
20234,238
20244,063
GDP (5 years)
2020$10.6B
2021$11.5B
2022$12.8B
2023$13.9B
2024$14.4B
2-year linear forecast
Predictive Outlook
Population forecast
20244,063
20254,728 *
20265,115 *
R² = 86.1% · * projected
GDP forecast
2024$14.4B
2025$15.7B *
2026$16.7B *
R² = 98.5% · * 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$101,487/yr
Median rent$1,676/mo
Rent share of income19.8%
Est. mortgage (30yr, 6.5%)$18,471/yr
Mortgage share of income18.2%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate4.2%
State avg3.2%
U.S. avg5.2%
Labor force participation66.2%
Poverty rate4.2%
Data from BLS LAUS / CPS. June 2026.
valuation snapshot
Real Estate
Median home value$304,400
Median monthly rent$1,676
Price-to-rent ratio15.1x
Moderate price-to-rent ratio — buying and renting are roughly balanced in this market.
composite score
Investment Climate
Investment climateStrong
Composite score74/100
Economic growth65/100
Labor market63/100
Population momentum100/100
Overall stability74/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.