Colbert County, Alabama Income Statistics
Colbert County Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of a county's residents based on income levels, employment rates, and income inequality metrics.
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D
Colbert County Well below averageWealthier than 76% of counties in Alabama
Source: Map AI Methodology
Income Statistics Overview
| Metric | Colbert County | Alabama Avg | US Average |
|---|---|---|---|
| Median Household Income | $60,701 | $64,544 | $80,455 |
| Median Personal Income | $47,634 | $52,756 | $60,758 |
| Average Yearly Income Growth | 4.2% | 4.7% | 4.8% |
| Six-Figure Earners | 7.5% | 9.6% | 13.9% |
| $200k+ Households | 4.6% | 7.8% | 13.2% |
The median household income in Colbert County is about 6% lower than in Alabama. Income has been growing slower in Colbert County (4.2%/yr) than in Alabama (4.7%/yr).
About 7% of adults in Colbert County earn six figures ($100,000 or more) a year, lower than the Alabama average of 10%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Colbert County, Alabama grew by 55.5% from 2009 to 2024, reaching $60,701 in 2024. That's an average of about 4.2% per year.
Income Inequality and the Gender Pay Gap in Colbert County
| Metric | Colbert County | Alabama Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.531 | 0.560 | 0.552 |
| Male Median Income | $64,465 | $62,840 | $69,667 |
| Female Median Income | $42,264 | $47,036 | $56,850 |
| Gender Pay Gap | 34.4% | 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 Colbert County, it is 0.531, 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 53% more than women's income in Colbert County, Alabama. Over a 35-year career, a 53% wage gap accumulates to roughly $777,035 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Colbert County, Alabama has widened from about 31% to 34% in 2024. Over that period the gap was narrowest at 25% in 2019. In dollar terms, the gap has widened by $9,539 since 2009.
Sharply against the trend: the pay gap in Colbert County widened by 3.5 points while Alabama's narrowed by 1.8 points.
Employment
| Metric | Colbert County | Alabama Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.1% | 4.7% | 5.2% |
| Working from Home | 7.2% | 8.8% | 15.0% |
| Commute time (minutes) | 18 | 22 | 22 |
Approximately 846 people are unemployed in Colbert County, Alabama.
The average commute time in Colbert County is 18 minutes, shorter than the 22 minutes in Alabama.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Colbert County, Alabama has fallen from 8.4% to 3.1% in 2024. Over that period the rate peaked at 10.0% in 2014.
Colbert County, AL Wealth Compared With Nearby Counties
Colbert County, AL is the 2nd largest of the 6 counties compared here, 58,022 residents against a local median of 31,966. Where Colbert County, AL breaks from the counties next to it is income growth, sitting 18% below the local median of 5.1%/yr at 4.2%/yr. That is the weaker end of the local range on this measure.
The counties themselves spread 0.9%/yr on income growth, so Colbert County, AL sits at one end of an already wide local range rather than apart from it. Colbert County, AL has the 6th highest income growth of the 6 areas compared here.
| 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. |
|---|---|---|---|---|---|
| Colbert County, AL | 58,022 | $60,701 #3/6 | 4.2%/yr #6/6 | 3.1% #2/6 | 0.531 #2/6 |
| Lauderdale County, AL | 95,537 | $63,470 | 4.8%/yr | 4.0% | 0.537 |
| Franklin County, AL | 31,966 | $53,041 | 5.0%/yr | 3.6% | 0.530 |
| Tishomingo County, MS | 18,660 | $52,232 | 5.1%/yr | 3.2% | 0.532 |
| Lawrence County, AL | 33,276 | $66,085 | 5.7%/yr | 2.0% | 0.536 |
| Wayne County, TN | 16,168 | $51,543 | 5.3%/yr | 3.4% | 0.579 |
Conclusion
Considering all these factors, Colbert County, Alabama has an overall wealth index grade of D, making it about on par with Alabama, and somewhat worse than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Colbert County, Alabama.
How Rich Is Colbert County, Alabama?
Colbert County has a wealth index grade of D. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a D grade means residents are somewhat worse off than the U.S. average. The median household income is $60,701, about 6% lower than the Alabama average of $64,544.
Are incomes growing in Colbert County, Alabama?
Between 2009 and 2024, the median household income in Colbert County, Alabama rose 55%, from $39,042 to $60,701. Over the same years, income here kept pace with Alabama as a whole: +55% against +56%.
What was the median household income in Colbert County in 2023?
In 2023, the median household income in Colbert County, Alabama was $56,082, up 1% from $55,390 in 2022. The Alabama median that year was $62,326.
What was the median household income in Colbert County in 2020?
In 2020, the median household income in Colbert County, Alabama was $48,103. By 2024 it had risen 26% to $60,701.
How strong is the job market in Colbert County, Alabama?
Unemployment in Colbert County, Alabama is only 3.1%, 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 Colbert County, Alabama?
The Gini coefficient in Colbert County is 0.531. 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 Colbert County, Alabama?
Since 2009, the income gap between men and women in Colbert County, Alabama has widened from about 31% to 34% in 2024. Over that period the gap was narrowest at 25% in 2019. In dollar terms, the gap has widened by $9,539 since 2009.
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