Phenix City, Alabama Income Statistics
Phenix City 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.
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D
Phenix City Well below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Phenix City | Alabama Avg | US Average |
|---|---|---|---|
| Median Household Income | $46,299 | $64,544 | $80,455 |
| Median Personal Income | $44,274 | $52,756 | $60,758 |
| Average Yearly Income Growth | 2.7% | 4.7% | 4.8% |
| Six-Figure Earners | 5.8% | 9.6% | 13.9% |
| $200k+ Households | 4.6% | 7.8% | 13.2% |
The median household income in Phenix City is about 28% lower than in Alabama. Income has been growing slower in Phenix City (2.7%/yr) than in Alabama (4.7%/yr).
About 6% of adults in Phenix City 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 Phenix City, Alabama grew by 46.1% from 2009 to 2024, reaching $46,299 in 2024. That's an average of about 2.7% per year.
Income Inequality and the Gender Pay Gap in Phenix City
| Metric | Phenix City | Alabama Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.572 | 0.560 | 0.552 |
| Male Median Income | $52,615 | $62,840 | $69,667 |
| Female Median Income | $40,548 | $47,036 | $56,850 |
| Gender Pay Gap | 22.9% | 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 Phenix City, it is 0.572, 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 30% more than women's income in Phenix City, Alabama. Over a 35-year career, a 30% wage gap accumulates to roughly $422,345 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Phenix City, Alabama has widened from about 19% to 23% in 2024. Over that period the gap was widest at 31% in 2020, and was narrowest at 14% in 2017. In dollar terms, the gap has widened by $5,145 since 2009.
Sharply against the trend: the pay gap in Phenix City widened by 3.7 points while Alabama's narrowed by 1.8 points.
Employment
| Metric | Phenix City | Alabama Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.8% | 4.7% | 5.2% |
| Working from Home | 9.4% | 8.8% | 15.0% |
| Commute time (minutes) | 20 | 22 | 22 |
Approximately 677 people are unemployed in Phenix City, Alabama.
The average commute time in Phenix City is 20 minutes, shorter than the 22 minutes in Alabama.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Phenix City, Alabama has fallen from 10.9% to 4.8% in 2024. Over that period the rate peaked at 11.2% in 2014.
Phenix City, AL Wealth Compared With Nearby Cities
How Phenix City, 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. |
|---|---|---|---|---|---|
| Phenix City, AL | 31,007 | $46,299 #2/2 | 2.7%/yr #2/2 | 4.8% #1/2 | 0.572 #2/2 |
| Columbus, GA | 203,480 | $58,110 | 3.9%/yr | 5.8% | 0.560 |
Conclusion
Considering all these factors, Phenix City, 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 Phenix City, Alabama.
How Rich Is Phenix City, Alabama?
Phenix City 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 $46,299, about 28% lower than the Alabama average of $64,544.
How has median household income changed in Phenix City, Alabama?
Between 2009 and 2024, the median household income in Phenix City, Alabama rose 46%, from $31,700 to $46,299. Over the same years, income here lagged behind Alabama as a whole: +46% against +56%.
What was the median household income in Phenix City in 2023?
In 2023, the median household income in Phenix City, Alabama was $45,650, up 1% from $45,145 in 2022. The Alabama median that year was $62,326.
What was the median household income in Phenix City in 2020?
In 2020, the median household income in Phenix City, Alabama was $40,812. By 2024 it had risen 13% to $46,299.
What is the Gini coefficient in Phenix City, Alabama?
The Gini coefficient in Phenix City is 0.572. 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 Phenix City, Alabama?
Since 2009, the income gap between men and women in Phenix City, Alabama has widened from about 19% to 23% in 2024. Over that period the gap was widest at 31% in 2020, and was narrowest at 14% in 2017. In dollar terms, the gap has widened by $5,145 since 2009.
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