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Alabama has a population of approximately 4,997,675 and experiences a population change rate of 12.38%. The population density is 98.7 / sq mi .
The median household income for Alabama is $54,943, with 1,902,983 households and an average household size of 2.57.
The median value of a home in Alabama is $214,000 with an appreciation rate of 17.30%. 57.96% of housing in the state is owned while 25.56% is rented.
The cost of living in Alabama is 88.6 %.
The unemployment rate in Alabama is 1.70%, and recent job growth is at 1.31%. Future job growth is projected at 39.83%.
The sales tax rate in Alabama is 10.00%, while the income tax rate is 5.00% .
School expenditures in Alabama are $11,416, and the school ratio is 19.7:1.
The average high temperature in July is 90.5 degrees, with an average low temperature in January of 33.1 degrees. The average rainfall is approximately 56.3 inches per year, with 0.7 inches of snow per year.