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Walker County, AL

RANK #883 / 996  ·  POP 64,978  ·  AL

PROJECTED GROWTH: -1.4%

Walker County ranks in the bottom tier of U.S. counties on economic momentum.

[01] Why Walker County?

Jasper, the county seat, stands out in Walker County, Alabama, a region known for its outdoor recreation opportunities. Located about 20 minutes from Birmingham, the county offers a blend of rural charm and accessibility to a major metropolitan area. Residents and visitors can enjoy fishing at Lewis Smith Lake and Walker County Lake, along with various parks and green spaces offering walking trails, kayaking, biking, and camping. The community maintains a friendly atmosphere, with many residents owning their homes.

Life in Walker County often appeals to families and retirees, with a significant portion of residents owning their homes. The local economy, historically reliant on coal, has been diversifying. Recent efforts have focused on attracting industrial investment, particularly in sectors like automotive supply, wood products, metal fabrication, defense, technology, and transportation. Educational institutions, including Walker County Schools and Bevill State Community College, contribute to workforce development. The county also provides a public transportation system with demand-response services.

[02] Market Snapshot

Housing Ratio
4.1x

Below national median (4.7x)

GDP Growth
+4.7%

Well above national median

Home Prices
-2.9%

Prices declining

Climate & Terrain
0.5

Moderate climate & terrain

Price/Rent
9x

Strong rental yield

Housing is fairly valued at 4.1x relative to local economic output. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Walker County U.S. National

The Numbers

DEMOGRAPHICS
Population
64,978
-0.33% YoY
Median Household Income
$52,987
Median Home Value
$124,100
-2.88% 12mo
Median Rent
$698
Average Annual Pay
$48,692
+3.7% YoY
Employment
18,709
+1.3% YoY
Income-to-Home-Value
0.427
More affordable than average
Migration Inflow
3.53%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$205,000
Days on Market
77
Slower market
Months of Supply
6.1
Buyer's market
Sale-to-List Ratio
95.0%
Negotiation room for buyers
Sold Above List
21.2%
Listings w/ Price Drops
13.9%
Building Permits (2024)
38
Single-Family Permits
38

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Capital Investment

$805M
TOTAL
PROJECT AMOUNT STATUS
Project Helios (Solar Farms)
Ingka Investments
$500M Planned
Gorgas Battery Facility (Utility-Scale Battery Storage System)
Alabama Power
$150M Under Construction
Heman Drummond Center for Innovation
Walker Area Community Foundation (transferring to Walker County School System)
$80M Under Construction
Heritage Industrial Park
Walker County Economic & Industrial Development Authority
$50M Under Construction
Heiche Surface Technologies Facility
Heiche Surface Technologies
$25M Operating

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[06] Score Breakdown

GDP Growth +4.7% 81 percentile
Population Growth -0.3% 14 percentile
Income Growth +11.7% 94 percentile
Vacancy Rate 1.4% 28 percentile
Home Price Change -2.9% 10 percentile
Rent Growth +3.7% 63 percentile
Price/Rent 9x 94 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

Is Walker County, AL a good place to move to?

Walker County has a Boom Town Index score of 11/100, ranking #883 among 996 U.S. counties. With job growth at +1.3% and a median household income of $52,987, it faces some economic headwinds compared to faster-growing counties.

Is Walker County affordable?

The median home value in Walker County is $124,100 with median rent at $698/month. The income-to-home-value ratio is 0.427, which is more affordable than the national average.

Is Walker County growing or shrinking?

Population growth: -0.3% year-over-year. Job growth: +1.3%. Home values changed -2.9% in the past 12 months.

Are people moving to Walker County?

Yes — 3.53% of Walker County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

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