GDP / Output
-3.9% YoY
11
$864.5M
Output changed -3.9% in 2024.
Vintage date unknown
State growth5.1%
U.S. growth5.3%
Jobs
Unemployment rate
11
7.7%
Unemployment is 7.7% for Latest available.
Vintage date unknown
State avg3.2%
U.S. avg5.2%
Population
+3.8% 5-year
73
979
Population moved +3.8% over the latest ACS window.
Vintage date unknown
State population5,086,768
U.S. population334,922,499
Housing
Rent share of income
76
17.4%
Median rent consumes 17.4% 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
$7.0K per resident
91
$231.2M
$231.2M 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
$231.2M
$7.0K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$201.3M
2. Department of Veterans Affairs$15.0M
3. Department of Agriculture$8.0M
Top recipients
Dollars1. REDACTED DUE TO PII$7.5M
2. ALABAMA DEPARTMENT OF TRANSPORTATION$4.7M
3. TOWN CREEK APARTMENTS, LTD.$450.7K
Affordable
Housing Affordability
17.4%
of median income
1BR estimate$514
2BR estimate$677
Median income$43,229
Median home value$118,000
ACS context
Quick Facts
Population
979
Median age
38.3
Bachelor's degree+
10.2%
Poverty rate
27.9%
Labor force participation
56.6%
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
+0.8%
GDP CAGR
+7.2%
Federal flow
5 years
Population (5 years)
2020943
20211,006
20221,040
20231,015
2024979
GDP (5 years)
2020$610.8M
2021$689.3M
2022$804.6M
2023$899.9M
2024$864.5M
2-year linear forecast
Predictive Outlook
Population forecast
2024979
20251,021 *
20261,029 *
R² = 11.9% · * projected
GDP forecast
2024$864.5M
2025$989.3M *
2026$1.1B *
R² = 87.7% · * 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$43,229/yr
Median rent$627/mo
Rent share of income17.4%
Est. mortgage (30yr, 6.5%)$7,160/yr
Mortgage share of income16.6%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate7.7%
State avg3.2%
U.S. avg5.2%
Labor force participation56.6%
Poverty rate27.9%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$118,000
Median monthly rent$627
Price-to-rent ratio15.7x
Moderate price-to-rent ratio — buying and renting are roughly balanced in this market.
composite score
Investment Climate
Investment climateWeak
Composite score32/100
Economic growth11/100
Labor market11/100
Population momentum73/100
Overall stability45/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.