Skip to main content

EconPulse

Local economy signal dashboard

Saved
PLACEThriving

Saks, AL

Thriving overall. Federal Funds is the clearest support signal, while jobs needs the most attention. Housing reads as affordable for a median-income household.

Post on XLinkedIn
Overall score74out of 100
Compare
70
68
80
70
100

Population

10,681

Data freshness

Unknown

GDP / Output

+4.4% YoY

70

$6.3B

Output changed +4.4% in 2024.

Vintage date unknown

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

Jobs

Unemployment rate

68

3.9%

Unemployment is 3.9% for Latest available.

Vintage date unknown

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

Population

+5.0% 5-year

80

10,681

Population moved +5.0% over the latest ACS window.

Vintage date unknown

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

Housing

Rent share of income

70

21.7%

Median rent consumes 21.7% 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

$10.3K per resident

100

$1.2B

$1.2B 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

$1.2B

$10.3K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$644.0M
2. Department of Defense$268.8M
3. Department of Veterans Affairs$144.3M

Top recipients

Dollars
1. BAE SYSTEMS GCS INTERNATIONAL LIMITED$139.6M
2. JACKSONVILLE STATE UNIVERSITY$31.7M
3. OLGOONIK FEDERAL, LLC$27.2M

Affordable

Housing Affordability

21.7%

of median income

1BR estimate$736
2BR estimate$970
Median income$49,753
Median home value$116,400

ACS context

Quick Facts

Population

10,681

Median age

40.5

Bachelor's degree+

17.9%

Poverty rate

20.0%

Labor force participation

59.7%

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

+1.0%

GDP CAGR

+5.8%

Federal flow

5 years

Population (5 years)
202010,175
202110,504
202210,523
202310,727
202410,681
GDP (5 years)
2020$4.7B
2021$5.3B
2022$5.6B
2023$6.0B
2024$6.3B

2-year linear forecast

Predictive Outlook

Population forecast

202410,681
202510,893 *
202611,016 *

R² = 81.1% · * projected

GDP forecast

2024$6.3B
2025$6.7B *
2026$7.1B *

R² = 99.0% · * 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$49,753/yr
Median rent$898/mo
Rent share of income21.7%
Est. mortgage (30yr, 6.5%)$7,063/yr
Mortgage share of income14.2%

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

employment snapshot

Job Market

Unemployment rate3.9%
State avg3.2%
U.S. avg5.2%
Labor force participation59.7%
Poverty rate20.0%

Data from BLS LAUS / CPS. Latest available.

valuation snapshot

Real Estate

Median home value$116,400
Median monthly rent$898
Price-to-rent ratio10.8x

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

composite score

Investment Climate

Investment climateStrong
Composite score73/100
Economic growth70/100
Labor market68/100
Population momentum80/100
Overall stability74/100

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

Location Context

Saks CDP, Alabama

City/Town

Part of

Anniston-Oxford, AL

Nearby locations

Anniston, ALAlexandria, ALWeaver, ALWest End-Cobb Town, ALHobson City, AL