Places/AL/Hale County, AL
County profile

Hale County, AL

United States · GDP 2024
#2571 of 3,127 US counties by GDP74th-percentile growthmore diversified than 37% of counties
EA Place Score
methodology in progress
GDP 2024 (USD)
$385.5M
BEA · 2024
GDP growth (YoY)
+6.7%
BEA · 2024
Jobs tracked
1,904
Census CBP · 2023
Employers
183
Census CBP · 2023
Avg. wage
$46.7k
BLS QCEW · 2023
Population
15,194
Census PEP · 2025
Labor, income & education
Unemployment
5.6%
Median HH income
$39.3k±$7.0k
Bachelor's degree+
17.6%±3.4%
Poverty rate
24.6%±4.6%
Business applications
212 · 2025
Retail establishments
40
26.4/10k pop

Public companies headquartered here

SEC EDGAR · FMP
CompanySectorRevenueEA

No public companies loaded for this state yet — universe expands with the full ingest.

HQ-based placement with total (global) headcount — local employment attribution needs firmographic data; the industry mix at right is measured county data (CBP).

Industry mix · employment
Manufacturing29%
Health care26%
Retail trade16%
Construction13%
Food & accommodation11%
Agriculture5%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 20202025
15,194
residents · 2025 · +2.9% since 2020
Income per capita $48.3k · BEA 2024
COMPONENTS OF CHANGE · 20212025
Domestic migration+510
International migration+2
Natural change92

GDP trend

20192024 · nominal
$279.0M
2019
$297.9M
2020
$307.9M
2021
$326.1M
2022
$361.4M
2023
$385.5M
2024

Real estate & risk

FHFA · ACS · FEMA
Median home value
$127.6k±$20.5k
Median gross rent
$715/mo±$105/mo
Vacancy rate
25.7%±3.8%
Affordability
2.7× wages
Residential permits
$1.6M
8 units · 0.5/1k pop
FEMA risk score
39.1
HUD Fair Market Rent (2BR):$1.2k/mo · 2026
TOP PERILS · FEMA NRI
Lightning 94Hurricane 69Tornado 68
FHFA HOUSE PRICE INDEX · 20162025
132
2016
134
2017
147
2018
134
2019
146
2020
150
2021
163
2022
203
2023
216
2024
223
2025
RESIDENTIAL PERMITS · 20212025
-93% since 2021
119
2021
112
2022
26
2023
11
2024
8
2025

Transport access

BTS · FAA · USACE
Nearest interstate
28.3 km
I-20
Nearest freight rail
16.7 km
NS
Nearest port
32.1 km
CEMEX CEMENT DEMOPOLIS DOCK
Nearest commercial airport
51.1 km
TUSCALOOSA NTL
Wage trend
BLS QCEW · 20192023
$46.7k
avg. annual pay · +24% since 2019
The read

What is the GDP of Hale?

Hale's economy produced $385.5M in 2024, growing 6.7% year over yearfaster than most US counties. Its largest employment sector is manufacturing.

GDP: BEA (2024), USD-normalized · Jobs/employers/wages & industry mix: Census CBP (2023) · Population & migration: Census PEP · Income: BEA CAINC1 · Companies: SEC EDGAR + FMP, by HQ.