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Elmore County, AL

RANK #63 / 996  ·  POP 87,694  ·  AL

PROJECTED GROWTH: +3.2%

Elmore County is one of America's fastest-growing metros, with explosive job creation driving its boom.

[01] Why Elmore County?

Wetumpka, the county seat of Elmore County, gained national attention after being featured on HGTV's "Home Town Takeover," revitalizing its downtown area. Located in east-central Alabama, Elmore County is part of the Montgomery metropolitan area, with the city of Montgomery to its south. Commutes to Montgomery are common, and the county offers a blend of small-town comfort with access to larger city amenities. The landscape features rolling hills and is notable for its diverse geography, including the Coosa and Tallapoosa Rivers, Lake Jordan, and Lake Martin, providing opportunities for fishing, boating, kayaking, and hiking at places like Wind Creek State Park and the Swayback Bridge Trail.

Life in Elmore County is often described as family-friendly, with many residents owning their homes. The public school system is highly rated and serves towns like Millbrook, Wetumpka, and Eclectic. The economy, once primarily agricultural, has diversified, with manufacturing being a significant employer. Recent economic developments have focused on quality-of-life projects, including investments in recreational facilities like the 17 Springs sports complex in Millbrook, which aims to attract sports tourism and related commercial development.

[02] Market Snapshot

Housing Ratio
7.2x

Overvalued relative to economy

GDP Growth
+7.5%

Well above national median

Home Prices
+4.3%

Outpacing national median

Climate & Terrain
2.1

Moderate climate & terrain

Price/Rent
12x

Below national median (13x)

Housing looks overvalued at 7.2x — home prices are high relative to local economic output. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Elmore County U.S. National

The Numbers

DEMOGRAPHICS
Population
87,694
+0.63% YoY
Median Household Income
$73,258
Median Home Value
$200,400
+4.31% 12mo
Median Rent
$982
Average Annual Pay
$48,014
+6.8% YoY
Employment
21,539
+5.2% YoY
Income-to-Home-Value
0.3656
More affordable than average
Migration Inflow
5.24%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$301,816
Days on Market
87
Slower market
Months of Supply
3.7
Balanced market
Sale-to-List Ratio
98.6%
Near asking price
Sold Above List
10.2%
Listings w/ Price Drops
11.7%
Building Permits (2024)
107
Single-Family Permits
107

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

[05] Capital Investment

$3,203M
TOTAL
PROJECT AMOUNT STATUS
Southern Natural Gas Company (SNG) Pipeline Expansion (SSE4)
Southern Natural Gas Company (Kinder Morgan & Southern Company)
$3,000M Planned
Enhance Elmore Infrastructure Program (Jail, Judicial Complex, Roads, Bridges, Utilities, Broadband)
Elmore County Commission
$103M Under Construction
Phoenix Building Redevelopment (Former Russell Building)
Phoenix Investors
$50M Operating
17 Springs Athletic Complex (Phase Two)
City of Millbrook, Elmore County Commission, Elmore County Board of Education, Grandview YMCA, Elmore County Economic Development Authority
$50M Under Construction

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

[06] Score Breakdown

GDP Growth +7.5% 95 percentile
Population Growth +0.6% 58 percentile
Income Growth +8.4% 46 percentile
Vacancy Rate 1.2% 41 percentile
Home Price Change +4.3% 85 percentile
Rent Growth +6.2% 88 percentile
Price/Rent 12x 65 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

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

Elmore County has a Boom Town Index score of 94/100, ranking #63 among 996 U.S. counties. With job growth at +5.2% and a median household income of $73,258, it's an above-average county on economic indicators.

Is Elmore County affordable?

The median home value in Elmore County is $200,400 with median rent at $982/month. The income-to-home-value ratio is 0.3656, which is more affordable than the national average.

Is Elmore County growing or shrinking?

Population growth: +0.6% year-over-year. Job growth: +5.2%. Home values changed +4.3% in the past 12 months.

Are people moving to Elmore County?

Yes — 5.24% of Elmore 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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