GDP
Alabama produced roughly $308 billion in economic output in 2023, led by aerospace, automotive manufacturing and steel.
Real GDP (chained 2017 dollars)
1997–2025BEA, chained 2017 dollars (FRED ALRGSP).
| Indicator | Alabama | U.S. |
|---|---|---|
| GDP (USD B) | 308 | 29200 |
- •Alabama builds vehicles for Mercedes-Benz, Honda, Hyundai and Toyota.
- •NASA’s Marshall Space Flight Center in Huntsville anchors a major aerospace cluster.
GDP Growth
Alabama's real GDP grew about 2.3% in 2023, close to the national rate.
Real GDP growth
1998–2025Annual % change in BEA real GDP (ALRGSP).
Personal Income
Alabama's per capita personal income was about $54,900 in 2023, below the U.S. average.
Per capita personal income
1970–2025BEA, current dollars (FRED ALPCPI).
Median Household Income
Median household income in Alabama is about $62,212, below the national median, with living costs about 12% below average.
Median household income (CPS)
1984–2025Census CPS ASEC, current dollars (FRED MEHOINUSALA646N).
| Indicator | Alabama | U.S. |
|---|---|---|
| Median household income (USD) | 62212 | 78538 |
Poverty Rate
About 16.2% of Alabamians lived below the poverty line in 2023, above the national rate.
Poverty rate, all ages (SAIPE)
1989–2024Census Small Area Income and Poverty Estimates (FRED PPAAAL01000A156NCEN).
| Indicator | Alabama | U.S. |
|---|---|---|
| Poverty rate | 16.2 | 11.1 |
Inflation
South-region consumer prices covering Alabama rose about 2.8% year over year.
CPI inflation, U.S.
2007–2024BLS CPI-U U.S. city average, annual average change (CPIAUCNS).
CPI inflation, South region
2007–2025BLS CPI-U all items, South region, annual average change (CUUR0300SA0).
| Indicator | Alabama | U.S. |
|---|---|---|
| Inflation (%) | 2.8 | 2.9 |
Economic Output
Alabama exported roughly $25.7 billion in goods in 2023, led by transportation equipment.
Nominal GDP (current dollars)
1997–2025BEA, current dollars (FRED ALNGSP).
Industry Breakdown
Manufacturing is Alabama's largest industry, making up about 19% of state GDP.
Government jobs
1990–2025BLS Current Employment Statistics, annual average (FRED ALGOVT).
Construction jobs
1990–2025BLS Current Employment Statistics, annual average (FRED ALCONS).