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Choctaw County, Alabama, exhibits a notable economic profile with an annual GDP of approximately 750 million dollars and a GDP per capita of 59,207 dollars. The county's GDP growth rate of 6.5% over the last year significantly outpaces the state average of 1.7% and the national rate of 1.9%, indicating a robust local economy. A striking feature of Choctaw County is its high goods-producing GDP contribution of 66.6%, which is substantially above the state average of 22.2% and reflects a strong manufacturing or agricultural base. In contrast, the service sector contributes only 28.2% to the GDP, suggesting potential for growth in this area. Overall, Choctaw County's economic performance stands out within Alabama, particularly in its growth rate and goods-producing sector, positioning it favorably compared to other counties in the state.
Choctaw County, AL, exhibits a notably low employment rate of 59.6% for individuals aged 20-64, significantly trailing behind the state average of 68.7% and the national average of 73.8%. The county's employment rate for high school graduates is also low at 59.4%, compared to Alabama's 63.3%. While the employment rate for those with a bachelor's degree at 79.2% is relatively strong, it still falls short of the state (82.6%) and national (84.3%) figures. Additionally, the employment rate for Black residents at 41.5% is concerning, especially when compared to Alabama's 52.5%. Overall, Choctaw County's economic indicators suggest challenges in workforce participation and educational attainment, positioning it among the lower-performing counties in Alabama.
Choctaw County, AL, exhibits significant economic challenges compared to both state and national averages. With a mean household income of $43,299 and a median household income of $61,685, it falls well below Alabama's state averages of $59,609 and $82,992, respectively. The county's income per capita of $26,343 is also notably lower than the state average of $33,344. Furthermore, Choctaw County has a high percentage of households earning less than $20,000 (23.8%), which is considerably higher than Alabama's 16.6% and the national average of 12.1%. This suggests a pronounced income disparity and potential economic distress, positioning Choctaw County among the lower-income counties in Alabama, highlighting the need for targeted economic development initiatives to improve local living standards.