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Crenshaw County, Alabama, exhibits a notable economic profile with an annual GDP of approximately 516.7 million dollars and a GDP per capita of 39,128 dollars. The county's GDP growth rate over the last year stands at an impressive 6.4%, significantly outpacing the state growth rate of 1.7% and the national rate of 1.9%. This growth is primarily driven by a robust goods-producing sector, contributing nearly 49% to the GDP, which is substantially higher than the state average of 22.2%. In comparison to other counties in Alabama, Crenshaw's GDP per capita is lower than more urbanized areas like Jefferson County (86,076 dollars) and Madison County (82,902 dollars), but its growth rate suggests a potential for economic development. Overall, Crenshaw County's economic indicators reflect a unique strength in goods production, positioning it favorably within the state.
Crenshaw County, AL, exhibits an employment rate of 63.6% for individuals aged 20-64, which is notably lower than both the state average of 68.7% and the national average of 73.8%. The county's employment rate for those with a Bachelor's degree stands at 76.2%, trailing behind Alabama's 82.6% and the national figure of 84.3%. Additionally, the employment rate for high school graduates in Crenshaw County is slightly above the state average (64.2% vs. 63.3%), yet it remains below the national average of 67.9%. The county also shows a significant disparity in employment rates among Black residents at 40.1%, compared to Alabama's 52.5% and the national average of 57.2%. Overall, Crenshaw County faces challenges in employment compared to both state and national benchmarks, indicating potential areas for economic development and workforce improvement.
Crenshaw County, AL, exhibits a mean household income of $48,557 and a median household income of $78,621, which are significantly lower than both the state averages ($59,609 mean, $82,992 median) and national figures ($75,149 mean, $105,833 median). The county's income per capita stands at $32,396, indicating economic challenges compared to the state and national levels. Notably, Crenshaw County has a high percentage of households earning less than $20,000 (24.1%), which is considerably above Alabama's average of 16.6% and reflects a higher income inequality, as indicated by its Gini index of 0.5581, the highest among the counties compared. This suggests that Crenshaw County faces significant economic disparities, highlighting the need for targeted economic development initiatives to improve income levels and reduce poverty.