Enterprise, Alabama Income Statistics

Enterprise 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.

  • C
    Enterprise Below average

Source: Map AI Methodology

Income Statistics Overview

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Metric Enterprise Alabama Avg US Average
Median Household Income $71,966 $64,544 $80,455
Median Personal Income $54,449 $52,756 $60,758
Average Yearly Income Growth 4.3% 4.7% 4.8%
Six-Figure Earners 10.5% 9.6% 13.9%
$200k+ Households 5.9% 7.8% 13.2%

The median household income in Enterprise is about 11% higher than in Alabama. Income has been growing slower in Enterprise (4.3%/yr) than in Alabama (4.7%/yr).

About 11% of adults in Enterprise 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

Enterprise
United States

Median household income in Enterprise, Alabama grew by 60.8% from 2009 to 2024, reaching $71,966 in 2024. That's an average of about 4.3% per year.

Enterprise has stayed below the U.S. median household income in every year from 2009 to 2024 and has never reached it. It came closest in 2015, at 3.9% lower. The gap has held fairly steady over the period.

Year Enterprise United States

Income Distribution in Enterprise

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

Households by income, 2024

Enterprise
United States

Income range calculator

About 2,884 households (33.4% of all households) have an income of $100,000 or more.

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

In 2024, 25.1% of households in Enterprise had an income under $35,000 and 15.2% had $150,000 or more. Across the U.S., those shares were 21.6% and 22.8%.

Compared with the U.S., Enterprise has a larger share of households earning under $10,000 (7.7% vs 5.1%) and a smaller share earning $200,000 or more (5.9% vs 13.2%).

Household income Households Share U.S. share
Under $10,000 662 7.7% 5.1%
$10,000 to $14,999 510 5.9% 3.5%
$15,000 to $24,999 631 7.3% 6.4%
$25,000 to $34,999 364 4.2% 6.7%
$35,000 to $49,999 910 10.5% 10.1%
$50,000 to $74,999 1,408 16.3% 15.5%
$75,000 to $99,999 1,261 14.6% 12.6%
$100,000 to $149,999 1,573 18.2% 17.4%
$150,000 to $199,999 801 9.3% 9.5%
$200,000 or more 509 5.9% 13.2%

Shares are of all 8,630 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 Enterprise

Metric Enterprise Alabama Avg US Average
Gini Coefficient 0.569 0.560 0.552
Male Median Income $69,980 $62,840 $69,667
Female Median Income $36,830 $47,036 $56,850
Gender Pay Gap 47.4% 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 Enterprise, it is 0.569, higher than Alabama's 0.560, so income is less evenly distributed here than there, and higher than the US's 0.552, so income is less evenly distributed here than there.

Men's income is about 90% more than women's income in Enterprise, Alabama. Over a 35-year career, a 90% wage gap accumulates to roughly $1,160,250 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 Enterprise, Alabama has widened from about 29% to 47% in 2024. Over that period the gap was narrowest at 26% in 2010. In dollar terms, the gap has widened by $20,003 since 2009.

Sharply against the trend: the pay gap in Enterprise widened by 18.8 points while Alabama's narrowed by 1.8 points.

Year Male Income Female Income Gap %

Employment

Metric Enterprise Alabama Avg US Average
Unemployment Rate 5.1% 4.7% 5.2%
Working from Home 4.7% 8.8% 15.0%
Commute time (minutes) 16 22 22

Approximately 545 people are unemployed in Enterprise, Alabama.

The average commute time in Enterprise is 16 minutes, shorter than the 22 minutes in Alabama.

Unemployment Rate Over Time

Enterprise
United States

Since 2011, the unemployment rate in Enterprise, Alabama has fallen from 6.6% to 5.1% in 2024. Over that period the rate peaked at 6.9% in 2013 and fell as low as 4.4% in 2023.

Enterprise has been below the U.S. unemployment rate in most years since 2011, but rose above it in 2019-2020 (as much as 0.2 points higher). In 2024 its rate was 0.1 points lower.

Year Enterprise United States

Conclusion

Considering all these factors, Enterprise, Alabama has an overall wealth index grade of C, making it somewhat better than Alabama, and about on par with the country as a whole.

Frequently Asked Questions

Common questions about income and wealth in Enterprise, Alabama.

How Wealthy Is Enterprise, Alabama?

Enterprise has a wealth index grade of C. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a C grade means residents are close to the U.S. average. The median household income is $71,966, about 11% higher than the Alabama average of $64,544.

How has median household income changed in Enterprise, Alabama?

Between 2009 and 2024, the median household income in Enterprise, Alabama rose 61%, from $44,749 to $71,966. Over the same years, income here outpaced Alabama as a whole: +61% against +56%.

What was the median household income in Enterprise in 2023?

In 2023, the median household income in Enterprise, Alabama was $67,108, up 6% from $63,024 in 2022. The Alabama median that year was $62,326.

What was the median household income in Enterprise in 2020?

In 2020, the median household income in Enterprise, Alabama was $59,468. By 2024 it had risen 21% to $71,966.

What is the Gini coefficient in Enterprise, Alabama?

The Gini coefficient in Enterprise is 0.569. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is higher than the US average of 0.552, so income is distributed less equally than in the country overall.

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

Since 2009, the income gap between men and women in Enterprise, Alabama has widened from about 29% to 47% in 2024. Over that period the gap was narrowest at 26% in 2010. In dollar terms, the gap has widened by $20,003 since 2009.

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