State Ledger
State profile

Alabama FIPS 01

Population
4,997,675
Median household income
$54,943
Nonfarm employment
2,216,200
Business establishments
105,720

Every figure above traces to a primary source · view data sources & methodology

State Highlights

Largest employer sector
Manufacturing
272,338 employees
Business concentration
14.9%
of private employment in Manufacturing
Home prices, 1 year
+3.7%
FHFA
Federal outlays per capita
$8,754.68
USASpending.gov

Economy & Labor

Total nonfarm employment

BLS Current Employment Statistics, not seasonally adjusted · persons · 20 months available · latest observation: August 2026
Employment ratio
45.5%
employed ÷ population
Unemployed population (ACS)
124,416
Vs. July
▲ 5,800
Business density
21.7 per 1,000
establishments per capita

Leading Industries

Leading industries by employment

Ranked by private-sector employment, same measure as the Business & Industry tab · see the full breakdown there
1 Manufacturing 272,338 employees
2 Health care and social assistance 268,162 employees
3 Retail trade 238,329 employees
4 Accommodation and food services 192,589 employees
5 Administrative and support and waste management and remediation services 167,261 employees

Leading Public Companies

Top 5 by latest reported revenue

SEC EDGAR / XBRL Company Facts · see the full listing on the Public Companies tab
Vulcan Materials CO · VMC
$7.94B
Mining & Quarrying of Nonmetallic Minerals (No Fuels)
Encompass Health Corp · EHC
$5.94B
Services-Hospitals
Construction Partners, Inc. · ROAD
$2.81B
Heavy Construction Other Than Bldg Const - Contractors
Diversified Energy Co · DEC
$1.83B
Crude Petroleum & Natural Gas
ADTRAN Holdings, Inc. · ADTN
$1.08B
Telephone & Telegraph Apparatus

Population & People

Homeownership rate
69.4%
1.32M of 1.90M occupied homes are owner-occupied

Population by age

U.S. Census Bureau, ACS 5-year estimate (table B01001) · reconciles to total population
0–17
1.12M · 22.5%
18–24
461.5K · 9.2%
25–34
647.2K · 13.0%
35–44
615.1K · 12.3%
45–54
633.9K · 12.7%
55–64
673.1K · 13.5%
65–74
511.9K · 10.2%
75+
332.5K · 6.7%

Housing & Real Estate

Median home value
$157,100
Median gross rent
$852 / month
Vacancy rate
16.5%
Total housing units
2.28M
Owner-occupied homes
1.32M
Renter-occupied homes
582.4K
Home prices, 1 year
+3.7%
Home prices, 5 years
+43.8%
Latest FHFA period
2026 Q2

ACS: 2021 ACS 5-year · FHFA: 2026 Q2

ACS housing estimates from the U.S. Census Bureau — median home value reflects owner-reported value, not a current sale price. House-price changes are from the FHFA All-Transactions House Price Index, a measure of price appreciation over time, not a home-value estimate.

Federal Spending

Total federal outlays
$42.68B
Outlays per capita
$8,754.68
Total prime award value
$61.95B

Source: USASpending.gov · specific reporting period not published in this dataset