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EconPulse

Local economy signal dashboard

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PLACEStable

Mckenzie, AL

Stable overall. Federal Funds 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 score66out of 100
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79
75
0
69
100

Population

557

Data freshness

Unknown

GDP / Output

+5.7% YoY

79

$903.8M

Output changed +5.7% in 2024.

Vintage date unknown

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

Jobs

Unemployment rate

75

3.1%

Unemployment is 3.1% for Latest available.

Vintage date unknown

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

Population

-29.5% 5-year

0

557

Population moved -29.5% over the latest ACS window.

Vintage date unknown

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

Housing

Rent share of income

69

22.0%

Median rent consumes 22.0% 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

$8.2K per resident

100

$155.5M

$155.5M 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

$155.5M

$8.2K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$114.9M
2. Department of Veterans Affairs$17.3M
3. Department of Transportation$16.0M

Top recipients

Dollars
1. ALABAMA DEPARTMENT OF TRANSPORTATION$16.0M
2. THE HOUSING AUTHORITY OF THE CITY OF GREENVILLE, ALABAMA$1.5M
3. SOUTHERN ALABAMA AHEC$850.0K

Affordable

Housing Affordability

22.0%

of median income

1BR estimate$470
2BR estimate$619
Median income$31,250
Median home value$80,600

ACS context

Quick Facts

Population

557

Median age

37.5

Bachelor's degree+

8.4%

Poverty rate

19.8%

Labor force participation

53.4%

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

Latest available

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

-6.8%

GDP CAGR

+7.3%

Federal flow

5 years

Population (5 years)
2020790
2021917
2022711
2023731
2024557
GDP (5 years)
2020$635.5M
2021$742.2M
2022$823.9M
2023$854.9M
2024$903.8M

2-year linear forecast

Predictive Outlook

Population forecast

2024557
2025546 *
2026480 *

R² = 62.3% · * projected

GDP forecast

2024$903.8M
2025$986.8M *
2026$1.1B *

R² = 94.8% · * 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$31,250/yr
Median rent$573/mo
Rent share of income22.0%
Est. mortgage (30yr, 6.5%)$4,891/yr
Mortgage share of income15.7%

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

employment snapshot

Job Market

Unemployment rate3.1%
State avg4.7%
U.S. avg4.3%
Labor force participation53.4%
Poverty rate19.8%

Data from BLS LAUS / CPS. Latest available.

valuation snapshot

Real Estate

Median home value$80,600
Median monthly rent$573
Price-to-rent ratio11.7x

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

composite score

Investment Climate

Investment climateModerate
Composite score59/100
Economic growth79/100
Labor market75/100
Population momentum0/100
Overall stability66/100

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

Location Context

McKenzie town, Alabama

City/Town

Part of

Alabama

Nearby locations

Georgiana, ALRed Level, ALEvergreen, ALGantt, ALRiver Falls, AL