Alabaster, Alabama Income Statistics

Alabaster Wealth Score

The wealth index reflects the overall economic prosperity and financial well-being of an area's residents based on income levels, employment rates, and income inequality metrics.

  • B
    Alabaster Around average

Source: Map AI Methodology

Income Statistics Overview

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Metric Alabaster Alabama Avg US Average
Median Household Income $93,951 $64,544 $80,455
Median Personal Income $59,283 $52,756 $60,758
Average Yearly Income Growth 3.9% 4.7% 4.8%
Six-Figure Earners 13.7% 9.6% 13.9%
$200k+ Households 11.4% 7.8% 13.2%

The median household income in Alabaster is about 46% higher than in Alabama. Income has been growing slower in Alabaster (3.9%/yr) than in Alabama (4.7%/yr).

About 14% of adults in Alabaster earn six figures ($100,000 or more) a year, higher than the Alabama average of 10%.

Median Household Income 2009–2024 Trend

Median Household Income Over Time

Alabaster
United States

Median household income in Alabaster, Alabama grew by 37.8% from 2009 to 2024, reaching $93,951 in 2024. That's an average of about 3.9% per year.

Alabaster has stayed well above the U.S. median household income in every year from 2009 to 2024 and has never fallen below it. It came closest in 2023, at 16% higher. The gap has narrowed from 33% in 2009 to 17% in 2024.

Year Alabaster United States

Income Distribution in Alabaster

How incomes are spread across brackets, compared with the U.S. Pick a range to count who falls in it.

Households by income, 2024

Alabaster
United States

Income range calculator

About 4,582 households (46.4% of all households) have an income of $100,000 or more.

Across the U.S.: 40.2% of all households.

In 2024, 12.9% of households in Alabaster had an income under $35,000 and 24.9% had $150,000 or more. Across the U.S., those shares were 21.6% and 22.8%.

Compared with the U.S., Alabaster has a larger share of households earning $100,000 to $149,999 (21.5% vs 17.4%) and a smaller share earning $25,000 to $34,999 (3.5% vs 6.7%).

Household income Households Share U.S. share
Under $10,000 339 3.4% 5.1%
$10,000 to $14,999 227 2.3% 3.5%
$15,000 to $24,999 359 3.6% 6.4%
$25,000 to $34,999 349 3.5% 6.7%
$35,000 to $49,999 937 9.5% 10.1%
$50,000 to $74,999 1,605 16.2% 15.5%
$75,000 to $99,999 1,486 15.0% 12.6%
$100,000 to $149,999 2,125 21.5% 17.4%
$150,000 to $199,999 1,329 13.4% 9.5%
$200,000 or more 1,129 11.4% 13.2%

Shares are of all 9,883 households, one per occupied home whatever its size. Households with zero or negative income are counted in the lowest bracket. Source: ACS 5-year estimates ending 2024 (table B19001).

Income Inequality and the Gender Pay Gap in Alabaster

Metric Alabaster Alabama Avg US Average
Gini Coefficient 0.521 0.560 0.552
Male Median Income $65,421 $62,840 $69,667
Female Median Income $55,918 $47,036 $56,850
Gender Pay Gap 14.5% 25.1% 18.4%

The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Alabaster, it is 0.521, lower than Alabama's 0.560, so income is more evenly distributed here than there, and lower than the US's 0.552, so income is more evenly distributed here than there.

Men's income is about 17% more than women's income in Alabaster, Alabama. Over a 35-year career, a 17% wage gap accumulates to roughly $332,605 in unearned income for female workers in the area.

Income by Sex Over Time

Male
Female

Since 2009, the income gap between men and women in Alabaster, Alabama has narrowed from about 22% to 15% in 2024. Over that period the gap was widest at 29% in 2019. In dollar terms, the gap has narrowed by $2,249 since 2009.

Year Male Income Female Income Gap %

Employment

Metric Alabaster Alabama Avg US Average
Unemployment Rate 2.5% 4.7% 5.2%
Working from Home 16.6% 8.8% 15.0%
Commute time (minutes) 30 22 22

Approximately 377 people are unemployed in Alabaster, Alabama.

The average commute time in Alabaster is 30 minutes, longer than the 22 minutes in Alabama.

Unemployment Rate Over Time

Alabaster
United States

Since 2011, the unemployment rate in Alabaster, Alabama has fallen from 5.7% to 2.5% in 2024. Over that period the rate peaked at 5.8% in 2013.

Alabaster has stayed well below the U.S. unemployment rate in every year from 2011 to 2024 and has never risen above it. It came closest in 2019, at 1.5 points lower. The gap has held fairly steady over the period.

Year Alabaster United States

Alabaster, AL Wealth Compared With Nearby Cities

How Alabaster, AL compares with the 1 cities closest to it.

Area Population Median household income Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. Unemployment Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here.
Alabaster, AL 27,859 $93,951 #2/2 3.9%/yr #1/2 2.5% #2/2 0.521 #2/2
Helena, AL 25,213 $114,605 3.8%/yr 1.8% 0.504

Conclusion

Considering all these factors, Alabaster, Alabama has an overall wealth index grade of B, making it notably better than Alabama, and somewhat better than the country as a whole.

Frequently Asked Questions

Common questions about income and wealth in Alabaster, Alabama.

How Wealthy Is Alabaster, Alabama?

Alabaster has a wealth index grade of B. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a B grade means residents are quite well off compared to the U.S. average. The median household income is $93,951, about 46% higher than the Alabama average of $64,544.

How fast is household income rising in Alabaster, Alabama?

Between 2009 and 2024, the median household income in Alabaster, Alabama rose 38%, from $68,198 to $93,951. Over the same years, income here lagged behind Alabama as a whole: +38% against +56%.

What was the median household income in Alabaster in 2023?

In 2023, the median household income in Alabaster, Alabama was $90,682, up 4% from $86,977 in 2022. The Alabama median that year was $62,326.

What was the median household income in Alabaster in 2020?

In 2020, the median household income in Alabaster, Alabama was $76,806. By 2024 it had risen 22% to $93,951.

Is Alabaster, Alabama a high-income area?

Yes. 14% of adults in Alabaster, Alabama earn $100,000 or more a year (about 1 in 7), against 10% (about 1 in 10) in Alabama. 11% of households have a combined income of $200,000 or more, compared with 8% in Alabama.

Is it hard to find a job in Alabaster, Alabama?

Unemployment in Alabaster, Alabama is only 2.5%, well below the Alabama rate of 4.7%, a sign of a tight labor market where employers compete for workers.

What is the Gini coefficient in Alabaster, Alabama?

The Gini coefficient in Alabaster is 0.521. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is lower than the US average of 0.552, so income is distributed more equally than in the country overall.

How has the income gap between men and women changed in Alabaster, Alabama?

Since 2009, the income gap between men and women in Alabaster, Alabama has narrowed from about 22% to 15% in 2024. Over that period the gap was widest at 29% in 2019. In dollar terms, the gap has narrowed by $2,249 since 2009.

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