GDP / Output
+7.5% YoY
91
$1.3B
Output changed +7.5% in 2024.
Vintage date unknown
State growth5.1%
U.S. growth5.3%
Jobs
Unemployment rate
99
1.8%
Unemployment is 1.8% for Latest available.
Vintage date unknown
State avg3.2%
U.S. avg5.2%
Population
-16.6% 5-year
0
780
Population moved -16.6% over the latest ACS window.
Vintage date unknown
State population5,086,768
U.S. population334,922,499
Housing
Rent share of income
75
18.0%
Median rent consumes 18.0% 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
$5.9K per resident
82
$189.4M
$189.4M 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
$189.4M
$5.9K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$155.3M
2. Department of Veterans Affairs$14.2M
3. Department of Transportation$6.2M
Top recipients
Dollars1. ALABAMA DEPARTMENT OF TRANSPORTATION$5.9M
2. G & G STEEL INC$4.1M
3. RUSSELLVILLE HOUSING AUTHORITY, INCORPORATED$2.0M
Affordable
Housing Affordability
18.0%
of median income
1BR estimate$528
2BR estimate$696
Median income$42,969
Median home value$113,600
ACS context
Quick Facts
Population
780
Median age
39.2
Bachelor's degree+
9.7%
Poverty rate
22.9%
Labor force participation
52.9%
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
-3.6%
GDP CAGR
+6.7%
Federal flow
5 years
Population (5 years)
2020935
2021725
2022717
2023834
2024780
GDP (5 years)
2020$967.2M
2021$1.1B
2022$1.2B
2023$1.2B
2024$1.3B
2-year linear forecast
Predictive Outlook
Population forecast
2024780
2025738 *
2026718 *
R² = 12.5% · * projected
GDP forecast
2024$1.3B
2025$1.4B *
2026$1.5B *
R² = 92.9% · * 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$42,969/yr
Median rent$644/mo
Rent share of income18.0%
Est. mortgage (30yr, 6.5%)$6,893/yr
Mortgage share of income16.0%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate1.8%
State avg3.2%
U.S. avg5.2%
Labor force participation52.9%
Poverty rate22.9%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$113,600
Median monthly rent$644
Price-to-rent ratio14.7x
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 growth91/100
Labor market99/100
Population momentum0/100
Overall stability75/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.