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 .
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Population
Household
The median household income for Alabama is $54,943, with 1,902,983 households and an average household size of 2.57.
Home Value
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.
Cost of Living
The cost of living in Alabama is 88.6 %.
Employment
The unemployment rate in Alabama is 1.70%, and recent job growth is at 1.31%. Future job growth is projected at 39.83%.
Taxes
The sales tax rate in Alabama is 10.00%, while the income tax rate is 5.00% .
Education
School expenditures in Alabama are $11,416, and the school ratio is 19.7:1.
Weather
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.