GDP / Output
+9.9% YoY
100
$3.1B
Output changed +9.9% in 2024.
Vintage date unknown
State growth5.1%
U.S. growth5.3%
Jobs
Unemployment rate
0
8.9%
Unemployment is 8.9% for Latest available.
Vintage date unknown
State avg3.2%
U.S. avg5.2%
Population
-10.2% 5-year
0
7,437
Population moved -10.2% over the latest ACS window.
Vintage date unknown
State population5,086,768
U.S. population334,922,499
Housing
Rent share of income
67
23.7%
Median rent consumes 23.7% 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
$7.5K per resident
95
$663.6M
$663.6M 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
$663.6M
$7.5K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$488.7M
2. Department of Veterans Affairs$142.3M
3. Department of Transportation$18.4M
Top recipients
Dollars1. ALABAMA DEPARTMENT OF TRANSPORTATION$18.1M
2. REDACTED DUE TO PII$2.2M
3. ALABAMA PARENT EDUCATION CENTER, INC.$974.2K
Affordable
Housing Affordability
23.7%
of median income
1BR estimate$935
2BR estimate$1,231
Median income$57,763
Median home value$203,900
ACS context
Quick Facts
Population
7,437
Median age
36.1
Bachelor's degree+
27.2%
Poverty rate
9.9%
Labor force participation
57.8%
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
-2.1%
GDP CAGR
+8.1%
Federal flow
5 years
Population (5 years)
20208,282
20217,025
20227,129
20237,182
20247,437
GDP (5 years)
2020$2.1B
2021$2.3B
2022$2.5B
2023$2.8B
2024$3.1B
2-year linear forecast
Predictive Outlook
Population forecast
20247,437
20256,951 *
20266,798 *
R² = 22.6% · * projected
GDP forecast
2024$3.1B
2025$3.3B *
2026$3.6B *
R² = 98.7% · * 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$57,763/yr
Median rent$1,140/mo
Rent share of income23.7%
Est. mortgage (30yr, 6.5%)$12,372/yr
Mortgage share of income21.4%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate8.9%
State avg3.2%
U.S. avg5.2%
Labor force participation57.8%
Poverty rate9.9%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$203,900
Median monthly rent$1,140
Price-to-rent ratio14.9x
Low price-to-rent ratio — buying may be more favorable than renting in this market.
composite score
Investment Climate
Investment climateModerate
Composite score42/100
Economic growth100/100
Labor market0/100
Population momentum0/100
Overall stability46/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.