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Conecuh County, Alabama, presents a challenging economic landscape, with an annual GDP of approximately 501 million dollars and a GDP per capita of 43,322 dollars. The county's GDP growth rate has sharply declined by 7.6% in the last year, reflecting a significant downturn compared to the state's growth rate of 1.7% and the national rate of 1.9%. Over the past 13 years, Conecuh County has experienced a compound annual growth rate (CAGR) of -4.34%, indicating persistent economic contraction. Notably, the goods-producing sector contributes a substantial 43.7% to the GDP, which is higher than the state average of 22.2%, suggesting a reliance on manufacturing or agriculture. In contrast, neighboring counties like Mobile and Madison show more robust economic performance, highlighting Conecuh's need for strategic economic revitalization.
Conecuh County, AL, exhibits significantly lower employment rates compared to both state and national averages. The employment rate for individuals aged 20-64 stands at 54.2%, well below Alabama's 68.7% and the national rate of 73.8%. Furthermore, only 61.6% of those with a Bachelor's degree are employed, compared to Alabama's 82.6% and the national average of 84.3%. The county's employment rates for high school graduates (53.3%) and Black residents (35.2%) also lag behind state averages (63.3% and 52.5%, respectively). This suggests a challenging economic environment in Conecuh County, characterized by limited job opportunities and lower educational attainment, which may hinder economic growth and development compared to more prosperous counties in Alabama.
Conecuh County, AL exhibits significant economic challenges compared to both state and national averages. With a mean household income of $39,888 and a median household income of $56,230, Conecuh County falls well below Alabama's state averages of $59,609 and $82,992, respectively. The county's income per capita of $24,426 is also notably lower than the state average of $33,344. Furthermore, 22.8% of households earn less than $20,000, a stark contrast to Alabama's 16.6%. This suggests a higher prevalence of low-income households in Conecuh County, indicating potential issues with economic mobility and job opportunities. In comparison to nearby counties, Conecuh's economic indicators highlight a need for targeted development strategies to improve income levels and reduce poverty.