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Economy Profile

DeKalb County

  • Alabama State
  • October, 2024
TSAC-CFD-01049

Table of Content

Snapshot

-

GDP (2022, Thousands)
$ 2607141
AVG Real Growth (2017-2022)
2.2 %
Unemployment Rate (May, 2024)
3 %
Labor Force Size
31835
Number of Businesses
1433
Average Annual Wage
$ 49064

Economy Structure

Population & Household section gives reader an outlook. of general population profile, structure, and outlook.

GDP

GDP (2022, Thousands)
$ 2607141
GDP Per Capita
$ 36372
GDP Growth Rate (2022)
2.9 %
Average Growth Rate (2017-2022)
2.2 %
Goods Producing Contribution (%)
- %
Service Providing Contribution (%)
- %
Goverment Contribution
11.7%
GDP Historical Growth Rate
Source: Bureau of Economic Analysis | CAGDP2, CAGDP11
GDP by Sectors
Source: Bureau of Economic Analysis | CAGDP2, CAGDP11
GDP Growth by Sectors
Source: Bureau of Economic Analysis | CAGDP11

Monthly Employment

Total Labor Force
31835
Labor Force Growth
1.27%
Unemployment
951
Unemployment Rate
3%
Unemployment Rate
Source: Census.gov | S2301

Employment Profile

Employment Rate (20-64 y.o.)
68.7%
Employment Rate (with Bachelor's Degree)
82%
Employment Rate (75+ y.o.)
3.8%
Employment Rate (Black)
50.6%
Employment Rate (Female)
59.9%
Employment Rate by Segment
Source: Census.gov | S2301
Employent Rate Comparison
Source: Census.gov | S2301

Employment by Sectors

Number of Companies
1433
Number of Employment
22776
Annual Average Wages
$ 49064
Wage CAGR (2010-2022)
Goods-producing (avg pay)
$ 63702
Service-providing (avg pay)
$ 41161
Historical Annual Average Wage
Source: BLS
Number of Establishments
Source: BLS
Company Indicators
Source: BLS

Income

Household Income (Mean)
$ 47920
Household Income (Median)
$ 64545
Per Capita Income
$ 24915
Per Capita Income Growth (2010-2022)
37.3 %
Gini Index
0.4555*
Poverty Rate
20.2 %
Per Capita Income
Source: Census.gov | B19301
Income Distribution by Household
Source: Census.gov