Alabama money guide

What do you want to know about Alabama? Every link below runs on public Census and Federal Reserve figures for this state.

Key figures

At a glance

Median household income
$60,746
per year
Median home value
$182,161
typical county
Median property tax bill
$751
per year
Unemployment rate
5.2%
latest month

Source: U.S. Census Bureau, American Community Survey (5-year); Federal Reserve Bank of St. Louis (FRED).

State vs. national

How Alabama compares to the U.S.

The typical county home value in Alabama runs 12% below the national figure.

Household income15% vs U.S.
Alabama$52,457
United States$61,735
Home value12% vs U.S.
Alabama$138,100
United States$157,700
Gross rent8% vs U.S.
Alabama$750
United States$816
Property taxes71% vs U.S.
Alabama$435
United States$1,479

Median of county-level values. Source: U.S. Census Bureau, American Community Survey (5-year), 2022.

Taxes

Housing & mortgage

Cost of living

Income & jobs

Investing & retirement

Calculators

Get matched with an advisor who serves Alabama

Answer a few questions and we will introduce you to advisors who work with people in Alabama.

Find an advisor

How we built these numbers

State figures are population-weighted roll-ups of county results from the Census Bureau American Community Survey five-year release. Rates and unemployment series come from the St. Louis Fed. Nothing here is modelled or estimated by us: we publish the public figure and show you where it came from.

Source: U.S. Census Bureau, American Community Survey (5-year); Federal Reserve Bank of St. Louis (FRED).

Browse ZIP codes in Alabama

Income, home values and rent for the largest ZIP codes in the state.

Explore another state