GDP / Output
+4.3% YoY
69
$65.5B
Output changed +4.3% in 2024.
Vintage date unknown
State growth5.1%
U.S. growth5.3%
Jobs
Unemployment rate
56
4.3%
Unemployment is 4.3% for Latest available.
Vintage date unknown
State avg4.7%
U.S. avg4.1%
Population
+7.7% 5-year
96
2,214
Population moved +7.7% over the latest ACS window.
Vintage date unknown
State population5,086,768
U.S. population334,922,499
Housing
Rent share of income
58
29.9%
Median rent consumes 29.9% 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
$11.9K per resident
100
$8.1B
$8.1B 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
$8.1B
$11.9K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$3.3B
2. Department of Health and Human Services$3.1B
3. Department of Veterans Affairs$500.3M
Top recipients
Dollars1. UNIVERSITY OF ALABAMA AT BIRMINGHAM$308.2M
2. ALABAMA DEPARTMENT OF TRANSPORTATION$170.7M
3. BRASFIELD & GORRIE LLC$158.9M
Affordable
Housing Affordability
29.9%
of median income
1BR estimate$856
2BR estimate$1,128
Median income$41,875
Median home value$90,400
ACS context
Quick Facts
Population
2,214
Median age
29.4
Bachelor's degree+
6.1%
Poverty rate
34.1%
Labor force participation
67.7%
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
+1.5%
GDP CAGR
+6.2%
Federal flow
5 years
Population (5 years)
20202,055
20212,113
20222,390
20232,407
20242,214
GDP (5 years)
2020$48.6B
2021$53.5B
2022$58.7B
2023$62.9B
2024$65.5B
2-year linear forecast
Predictive Outlook
Population forecast
20242,214
20252,419 *
20262,481 *
R² = 37.0% · * projected
GDP forecast
2024$65.5B
2025$70.8B *
2026$75.1B *
R² = 98.7% · * 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$41,875/yr
Median rent$1,044/mo
Rent share of income29.9%
Est. mortgage (30yr, 6.5%)$5,485/yr
Mortgage share of income13.1%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate4.3%
State avg4.7%
U.S. avg4.1%
Labor force participation67.7%
Poverty rate34.1%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$90,400
Median monthly rent$1,044
Price-to-rent ratio7.2x
Low price-to-rent ratio — buying may be more favorable than renting in this market.
composite score
Investment Climate
Investment climateStrong
Composite score71/100
Economic growth69/100
Labor market56/100
Population momentum96/100
Overall stability70/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.