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EconPulse

Local economy signal dashboard

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PLACEStable

Locust Fork, AL

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

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Overall score62out of 100
Compare
100
59
0
62
84

Population

1,402

Data freshness

Unknown

GDP / Output

+10.4% YoY

100

$1.5B

Output changed +10.4% in 2024.

Vintage date unknown

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

Jobs

Unemployment rate

59

4.5%

Unemployment is 4.5% for Latest available.

Vintage date unknown

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

Population

-14.8% 5-year

0

1,402

Population moved -14.8% over the latest ACS window.

Vintage date unknown

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

Housing

Rent share of income

62

26.9%

Median rent consumes 26.9% 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

$6.1K per resident

84

$362.9M

$362.9M 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

$362.9M

$6.1K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$313.1M
2. Department of Veterans Affairs$27.3M
3. Department of Transportation$8.1M

Top recipients

Dollars
1. ALABAMA DEPARTMENT OF TRANSPORTATION$7.3M
2. REDACTED DUE TO PII$2.0M
3. LOUIS ALLIS LLC$1.9M

Affordable

Housing Affordability

26.9%

of median income

1BR estimate$919
2BR estimate$1,211
Median income$50,000
Median home value$181,400

ACS context

Quick Facts

Population

1,402

Median age

43.8

Bachelor's degree+

13.2%

Poverty rate

18.7%

Labor force participation

52.3%

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

-3.1%

GDP CAGR

+9.5%

Federal flow

5 years

Population (5 years)
20201,645
20211,532
20221,316
20231,312
20241,402
GDP (5 years)
2020$974.1M
2021$1.2B
2022$1.3B
2023$1.4B
2024$1.5B

2-year linear forecast

Predictive Outlook

Population forecast

20241,402
20251,230 *
20261,159 *

R² = 59.6% · * projected

GDP forecast

2024$1.5B
2025$1.7B *
2026$1.8B *

R² = 99.1% · * 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$50,000/yr
Median rent$1,121/mo
Rent share of income26.9%
Est. mortgage (30yr, 6.5%)$11,007/yr
Mortgage share of income22.0%

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

employment snapshot

Job Market

Unemployment rate4.5%
State avg3.2%
U.S. avg5.2%
Labor force participation52.3%
Poverty rate18.7%

Data from BLS LAUS / CPS. Latest available.

valuation snapshot

Real Estate

Median home value$181,400
Median monthly rent$1,121
Price-to-rent ratio13.5x

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

composite score

Investment Climate

Investment climateModerate
Composite score60/100
Economic growth100/100
Labor market59/100
Population momentum0/100
Overall stability62/100

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

Location Context

Locust Fork town, Alabama

City/Town

Part of

Birmingham, AL

Nearby locations

County Line, ALHayden, ALRemlap, ALTrafford, ALNectar, AL