LotsCap

Economy Profile

Autauga County

  • Alabama State
  • October, 2024
TSAC-CFD-01001

Table of Content

Snapshot

-

GDP (2022, Thousands)
$ 2364891
AVG Real Growth (2017-2022)
1.94 %
Unemployment Rate (May, 2024)
2.8 %
Labor Force Size
27605
Number of Businesses
1073
Average Annual Wage
$ 49832

Economy Structure

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

GDP

GDP (2022, Thousands)
$ 2364891
GDP Per Capita
$ 40246
GDP Growth Rate (2022)
11.7 %
Average Growth Rate (2017-2022)
1.94 %
Goods Producing Contribution (%)
16.5%
Service Providing Contribution (%)
71.1%
Goverment Contribution
12.4%
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
27605
Labor Force Growth
1.68%
Unemployment
786
Unemployment Rate
2.8%
Unemployment Rate
Source: Census.gov | S2301

Employment Profile

Employment Rate (20-64 y.o.)
70.5%
Employment Rate (with Bachelor's Degree)
75.6%
Employment Rate (75+ y.o.)
2.4%
Employment Rate (Black)
58.3%
Employment Rate (Female)
65.9%
Employment Rate by Segment
Source: Census.gov | S2301
Employent Rate Comparison
Source: Census.gov | S2301

Employment by Sectors

Number of Companies
1073
Number of Employment
11871
Annual Average Wages
$ 49832
Wage CAGR (2010-2022)
Goods-producing (avg pay)
$ 70418
Service-providing (avg pay)
$ 41121
Historical Annual Average Wage
Source: BLS
Number of Establishments
Source: BLS
Company Indicators
Source: BLS

Income

Household Income (Mean)
$ 68315
Household Income (Median)
$ 90372
Per Capita Income
$ 35332
Per Capita Income Growth (2010-2022)
43.8 %
Gini Index
0.4541*
Poverty Rate
11.4 %
Per Capita Income
Source: Census.gov | B19301
Income Distribution by Household
Source: Census.gov