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St. Clair County, Alabama, has an annual GDP of approximately 2.53 billion dollars, with a GDP per capita of about 27,585 dollars, which is significantly lower than the state average of 55,999 dollars and the national average of 77,754 dollars. The county's GDP growth rate over the last year stands at 1.5%, slightly below Alabama's 1.7% and the national rate of 1.9%. The goods-producing sector contributes 28% to the county's GDP, which is higher than the state average of 22.2%, indicating a relatively strong manufacturing base. However, the county's GDP growth rate over the past 13 years (0.94%) lags behind both the state (1.72%) and national (2.2%) averages, suggesting challenges in sustaining long-term economic growth compared to other regions in Alabama.
St. Clair County, AL exhibits a commendable employment rate of 72% for individuals aged 20-64, surpassing the state average of 68.7% but falling short of the national average of 73.8%. Notably, the county boasts an impressive 87.3% employment rate for those with a Bachelor's degree, which is higher than both the state (82.6%) and national (84.3%) figures. The high school graduate employment rate stands at 68%, also above Alabama's average of 63.3%. However, the county's employment rate for seniors (75+) is significantly low at 1.7%, indicating potential challenges for older workers. Compared to nearby counties, St. Clair's performance is competitive, particularly in educational attainment, suggesting a skilled workforce that could attract further economic development.
St. Clair County, AL exhibits a Mean Household Income of $73,218 and a Median Household Income of $88,263, positioning it favorably compared to the state average of $59,609 and the national average of $75,149. The county's Income Per Capita stands at $33,571, which is higher than Alabama's average but lower than the national figure. Notably, St. Clair County has a relatively low income inequality, as indicated by its Gini index of 0.4081, which is better than both the state (0.4797) and national (0.4829) averages. Additionally, 13% of households earn over $200K, surpassing the state average of 8.7%. This suggests a growing economic landscape in St. Clair County, characterized by a more equitable income distribution and a higher concentration of affluent households compared to many other counties in Alabama.