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Economic Atlas
Places/AL/Morgan
County profile

Morgan

United States · GDP 2024
#508 of 3,127 US counties by GDP56th-percentile growthmore diversified than 63% of counties
EA Place Score
——
methodology in progress
GDP 2024 (USD)
$8.4B
GDP growth
+4.9%
Jobs tracked
47,947
Employers
2,684
Avg. wage
$58.4k
Population
126,483
Labor & formation
Unemployment
2.8%
Median HH income
$68.8k±$3.2k
Business applications
1,409 · 2025

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
Manufacturing35%
Retail trade16%
Health care16%
Construction13%
Food & accommodation12%
Professional services8%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 2020–2025
126,483
residents · 2025 · +2.6% since 2020
Income per capita $52.3k · BEA 2024
COMPONENTS OF CHANGE · 2021–2025
Domestic migration+2,105
International migration+1,619
Natural change−629

GDP trend

2019–2024 · nominal
$5.9B
2019
$6.1B
2020
$6.7B
2021
$7.6B
2022
$8.0B
2023
$8.4B
2024

Real estate & risk

FHFA · ACS · FEMA
Median home value
$212.0k±$6.6k
Median gross rent
$864/mo±$26/mo
Vacancy rate
9.0%±1.0%
Affordability
3.6× wages
Residential permits
400 (3.2/1k pop)
FEMA risk score
88.8
HUD Fair Market Rent (2BR):$961/mo · 2026
TOP PERILS · FEMA NRI
Tornado 98Lightning 93Earthquake 92
FHFA HOUSE PRICE INDEX · 2016–2025
298
2016
315
2017
323
2018
340
2019
360
2020
413
2021
494
2022
527
2023
553
2024
550
2025

Transport access

BTS · FAA · USACE
Nearest interstate
4.3 km
I-65
Nearest freight rail
7.0 km
CSXT
Nearest port
18.9 km
ARDENT MILLS
Nearest commercial airport
21.6 km
HUNTSVILLE INTL-CARL T JONES FLD
Wage trend
BLS QCEW · 2019–2023
$58.4k
avg. annual pay · +23% since 2019
Similar US counties
nearest by GDP
Muskegon$8.4BFranklin$8.4BGrayson$8.4BMonroe$8.3BEau Claire$8.4BStafford$8.3B
The read

Morgan's economy produced $8.4B in 2024, growing 4.9% year over year — about the middle of the pack among 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.
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