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Economy Profile

Greene County

  • Alabama State
  • October, 2024
TSAC-CFD-01063

Table of Content

Snapshot

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GDP (2022, Thousands)
$ 249233
AVG Real Growth (2017-2022)
-1.62 %
Unemployment Rate (May, 2024)
5.6 %
Labor Force Size
2932
Number of Businesses
176
Average Annual Wage
$ 41622

Economy Structure

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

GDP

GDP (2022, Thousands)
$ 249233
GDP Per Capita
$ 32343
GDP Growth Rate (2022)
2.8 %
Average Growth Rate (2017-2022)
-1.62 %
Goods Producing Contribution (%)
27.5%
Service Providing Contribution (%)
54.6%
Goverment Contribution
17.9%
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
2932
Labor Force Growth
1.77%
Unemployment
163
Unemployment Rate
5.6%
Unemployment Rate
Source: Census.gov | S2301

Employment Profile

Employment Rate (20-64 y.o.)
54.1%
Employment Rate (with Bachelor's Degree)
72.1%
Employment Rate (75+ y.o.)
0.7%
Employment Rate (Black)
35.2%
Employment Rate (Female)
45.3%
Employment Rate by Segment
Source: Census.gov | S2301
Employent Rate Comparison
Source: Census.gov | S2301

Employment by Sectors

Number of Companies
176
Number of Employment
1791
Annual Average Wages
$ 41622
Wage CAGR (2010-2022)
Goods-producing (avg pay)
$ 50780
Service-providing (avg pay)
$ 32437
Historical Annual Average Wage
Source: BLS
Number of Establishments
Source: BLS
Company Indicators
Source: BLS

Income

Household Income (Mean)
$ 32796
Household Income (Median)
$ 48095
Per Capita Income
$ 20862
Per Capita Income Growth (2010-2022)
41.6 %
Gini Index
0.4702*
Poverty Rate
32.9 %
Per Capita Income
Source: Census.gov | B19301
Income Distribution by Household
Source: Census.gov