GDP / Output
+5.9% YoY
80
$19.9B
Output changed +5.9% in 2024.
Vintage date unknown
State growth5.1%
U.S. growth5.3%
Jobs
Unemployment rate
100
0.5%
Unemployment is 0.5% for Latest available.
Vintage date unknown
State avg4.7%
U.S. avg4.3%
Population
+8.5% 5-year
100
10,574
Population moved +8.5% over the latest ACS window.
Vintage date unknown
State population5,086,768
U.S. population334,922,499
Housing
Rent share of income
76
16.9%
Median rent consumes 16.9% 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
$22.6K per resident
100
$5.2B
$5.2B 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
$5.2B
$22.6K per resident in reported federal flow.
Top agencies
Dollars1. Department of Commerce$1.4B
2. Department of Defense$1.1B
3. Social Security Administration$1.1B
Top recipients
Dollars1. ECONOMIC AND COMMUNITY AFFAIRS, ALABAMA DEPARTMENT OF$1.5B
2. ALABAMA STATE DEPARTMENT OF EDUCATION$635.6M
3. DELL MARKETING L.P.$477.9M
Affordable
Housing Affordability
16.9%
of median income
1BR estimate$1,355
2BR estimate$1,785
Median income$117,091
Median home value$381,600
ACS context
Quick Facts
Population
10,574
Median age
35.9
Bachelor's degree+
55.4%
Poverty rate
5.1%
Labor force participation
70.6%
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
+1.6%
GDP CAGR
+6.2%
Federal flow
5 years
Population (5 years)
20209,745
20219,193
20229,651
202310,103
202410,574
GDP (5 years)
2020$14.7B
2021$15.7B
2022$17.1B
2023$18.8B
2024$19.9B
2-year linear forecast
Predictive Outlook
Population forecast
202410,574
202510,624 *
202610,880 *
R² = 61.6% · * projected
GDP forecast
2024$19.9B
2025$21.2B *
2026$22.6B *
R² = 99.3% · * 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$117,091/yr
Median rent$1,653/mo
Rent share of income16.9%
Est. mortgage (30yr, 6.5%)$23,155/yr
Mortgage share of income19.8%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate0.5%
State avg4.7%
U.S. avg4.3%
Labor force participation70.6%
Poverty rate5.1%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$381,600
Median monthly rent$1,653
Price-to-rent ratio19.2x
Moderate price-to-rent ratio — buying and renting are roughly balanced in this market.
composite score
Investment Climate
Investment climateStrong
Composite score92/100
Economic growth80/100
Labor market100/100
Population momentum100/100
Overall stability90/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.