Top Ten Most Expensive AL Cities
|5||Indian Springs Village|
From its long history as a linchpin of the pre-Civil War segregated South, its economy dependent on plantation agriculture, and later famous as the birthplace of the Civil Rights movement, Alabama has emerged as a new center for industry, high-technology research and education.
In 1954, Rosa Parks was famously arrested for sitting in the "white section" of a Montgomery bus, an incident that ultimately led Martin Luther King, Jr. and his followers to challenge racial inequalities throughout the South. Yet despite Alabama Governor George Wallace's 1963 promise of "segregation now, segregation tomorrow, segregation forever," less than 40 years later Alabama could boast the highest percentage of black elected officials in the nation - 17.2 % in 2001 compared to a black population of 26%.
The state that once owed its economy to King Cotton now claims automobiles as its top export, worth $2.1 billion in 2004 and employing nearly 45,000 workers. Alabama turns out thousands of Mercedes Benz, Hyundai, Honda and Toyota vehicles annually along its Interstates 20-59 industrial corridor between Birmingham and Tuscaloosa, and many other manufacturing and affiliated companies have also located here since the 1980s.
In addition, Alabama is home to a growing science and technology industry, notably NASA's U.S. Space and Rocket Center in Huntsville, and the top-notch medical research programs of the University of Alabama at Birmingham. UAB's departments of cell biology and surgery were ranked first and second nationally in award of research grants by the National Institutes of Health, and its AIDS treatment program was recognized as fourth best by U.S. News and World Report's annual survey.
This recent growth in high paying jobs in the northern half of the state has resulted in a strong real estate market, with house prices and sales in the Huntsville and Birmingham metro areas rising in 2006, bucking the national trend.
Agriculture no longer dominates Alabama's economy, but its so-called "Black Belt," so named for its rich soil, continues to play a vital role. Thirty percent of the land area is still farmland, with cotton, peanuts and sweet potatoes among its leading crops, as well as chicken and pork. Tourism also brings millions of dollars into Alabama's economy annually. Visitors are lured to the state by beach resorts along the balmy Gulf of Mexico, the history and architecture of the Port of Mobile, and Alabama's world-famous Robert Trent Jones Golf Trail, described as the "largest golf course construction project ever attempted." The Trail consists of 10 courses and a total of 432 holes all over the state, and is consistently rated a top golf destination.
|NUMBER OF HOMES AND APARTMENTS||1,883,791|
|ALABAMA HOME OWNERSHIP|
|% OWNER OCCUPIED||71.64%|
|% RENTER OCCUPIED||28.34%|
|TYPE OF ALABAMA HOMES|
|SINGLE FAMILY DETACHED||68.31%|
|ROWHOUSES AND ATTACHED HOMES||1.75%|
|SMALL APARTMENT BUILDINGS||5.06%|
|COMPLEXES OF HIGH RISE APARTMENTS||10.49%|
|SIZE OF ALABAMA HOMES|
|5 OR MORE BEDROOMS||3.07%|
|AGE OF ALABAMA HOMES|
|NEWER HOMES (2000 OR LATER)||15.03%|
|ESTABLISHED, BUT NOT OLD HOMES (1970-1999)||52.05%|
|WELL-ESTABLISHED, OLD HOMES (1940-1969)||26.71%|
|HISTORIC (1939 OR BEFORE)||6.22%|
|ALABAMA REAL ESTATE INFORMATION||DETAILS|
|MEDIAN HOME VALUE||$109,854|
|MEDIAN RENTAL PRICE||$463|
|HOME VALUE RANGE|
|$0 - $46,000||16.52%|
|$46,001 - $93,000||24.82%|
|$93,001 - $185,000||34.29%|
|$185,001 - $278,000||13.49%|
|$278,001 - $371,000||5.23%|
|$371,001 - $463,000||2.25%|
|$463,001 - $695,000||1.98%|
|$695,001 - $927,000||0.68%|
|PEOPLE OF ALABAMA||DETAILS|
|UNDER 5 YEARS||6.38%|
|5 TO 17||17.31%|
|18 TO 24||10.03%|
|25 TO 34||12.74%|
|35 TO 54||27.48%|
|55 TO 64||12.30%|
|65 YEARS AND OVER||13.73%|
|EDUCATION ATTAINMENT OF ADULTS|
|HIGH SCHOOL GRADUATES||81.91%|
|MEDIAN HOUSEHOLD INCOME||$42,934|
|PER CAPITA INCOME||$23,483|
|INDIVIDUALS BELOW POVERTY LEVEL||17.56%|
|INDUSTRIES PEOPLE WORK IN||Manufacturing (14.15%)
Public Service (5.61%)
Professional, scientific, and technical services (5.11%)
|BLACK OR AFRICAN AMERICAN||26.18%|
|AMERICAN INDIAN AND ALASKA NATIVE||0.59%|
|NATIVE HAWAIIAN AND OTHER PACIFIC ISLANDERS||0.06%|
|SOME OTHER RACE ALONE||2.03%|
|TWO OR MORE RACES||1.49%|
|HISPANIC OR LATINO (OF ANY RACE)||3.88%|
|ETHNICITIES PRESENT||Other groups (37.47%)
|LANGUAGES SPOKEN||English (94.95%)
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