GDP / Output
+3.7% YoY
65
$14.4B
Output changed +3.7% in 2024.
Vintage date unknown
State growth5.1%
U.S. growth5.3%
Jobs
Unemployment rate
63
4.2%
Unemployment is 4.2% for June 2026.
Vintage date unknown
State avg3.2%
U.S. avg5.2%
Population
+10.3% 5-year
100
111,038
Population moved +10.3% over the latest ACS window.
Vintage date unknown
State population5,086,768
U.S. population334,922,499
Housing
Rent share of income
66
24.6%
Median rent consumes 24.6% 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
$6.8K per resident
90
$1.6B
$1.6B 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
$1.6B
$6.8K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$967.9M
2. Department of Veterans Affairs$204.6M
3. Department of Transportation$107.2M
Top recipients
Dollars1. UNIVERSITY OF ALABAMA$137.5M
2. ALABAMA DEPARTMENT OF TRANSPORTATION$75.1M
3. HURLEY JV, LLP$44.7M
Affordable
Housing Affordability
24.6%
of median income
1BR estimate$865
2BR estimate$1,139
Median income$51,464
Median home value$255,500
ACS context
Quick Facts
Population
111,038
Median age
27.2
Bachelor's degree+
39.4%
Poverty rate
25.1%
Labor force participation
58.4%
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
June 2026
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
+2.0%
GDP CAGR
+6.4%
Federal flow
5 years
Population (5 years)
2020100,633
202199,252
2022105,797
2023107,699
2024111,038
GDP (5 years)
2020$10.6B
2021$11.5B
2022$12.8B
2023$13.9B
2024$14.4B
2-year linear forecast
Predictive Outlook
Population forecast
2024111,038
2025113,661 *
2026116,587 *
R² = 88.8% · * projected
GDP forecast
2024$14.4B
2025$15.7B *
2026$16.7B *
R² = 98.5% · * 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$51,464/yr
Median rent$1,055/mo
Rent share of income24.6%
Est. mortgage (30yr, 6.5%)$15,503/yr
Mortgage share of income30.1%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate4.2%
State avg3.2%
U.S. avg5.2%
Labor force participation58.4%
Poverty rate25.1%
Data from BLS LAUS / CPS. June 2026.
valuation snapshot
Real Estate
Median home value$255,500
Median monthly rent$1,055
Price-to-rent ratio20.2x
High price-to-rent ratio — renting may be more economical than buying in this market.
composite score
Investment Climate
Investment climateStrong
Composite score73/100
Economic growth65/100
Labor market63/100
Population momentum100/100
Overall stability72/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.