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Elmore County, AL

RANK #234 / 996 NAT  ·  #8 / 27 AL  ·  POP 87,694

1YR FORECAST: +3.5%

5YR OUTLOOK: +31%

Our model projects above-average housing market growth for Elmore County at +3.5% over the next year.

[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] Top Employers

  1. 1
    Elmore County Board of Education Education
    5,000+
  2. 2
    Alabama Department of Corrections Government
    1,000+
  3. 3
    GKN Aerospace Manufacturing
  4. 4
    Wind Creek Hospitality (Casino) Hospitality
  5. 5
    Walmart Supercenters Retail
  6. 6
    Neptune Technology Group Manufacturing
  7. 7
    Hanil USA Manufacturing
  8. 8
    MADIX, Inc. Manufacturing
  9. 9
    Elmore County Community Hospital Healthcare
  10. 10
    Tallassee Community Hospital Healthcare

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[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
Bachelor's Degree+
24.2%
of residents (national avg: 33%)

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] Crime & Safety

D
SAFETY
GRADE
Homicide Rate
9.4
per 100K · nat avg 6.3
Firearm Fatalities
20.3
per 100K · nat avg 14.8
Injury Deaths
69.3
per 100K · nat avg 76.3
vs National Average
Above national avg
based on homicide rate

Source: CDC/NCHS vital statistics via County Health Rankings (2020–2022 avg). Rates per 100,000 population. Grade based on homicide rate relative to national average (~6.3). Learn more →

[06] Air Quality

B+
AIR QUALITY
GRADE
Median AQI (3yr)
34.3
Good
Good Air Days
96%
691 of 719 days
Unhealthy+ Days (3yr)
0
Sensitive groups affected
Primary Pollutant
Ozone
Ground-level ozone
Yearly Trend
2021
32
2022
33
2023
38
Median AQI · lower is better

Source: EPA Air Quality System (2021–2023). Grade based on 3-year average median AQI. Learn about AQI →

[07] 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.

[08] 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.

[09] Frequently Asked Questions

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

With a Boom Town Index score of 76/100, Elmore County sits in the upper half of all 996 ranked counties. Employment is expanding at +5.2%, and median household income stands at $73,258 — indicators that suggest solid fundamentals even if it's not among the fastest-growing counties in AL.

Is Elmore County affordable?

By national standards, Elmore County is quite affordable. Homes here have a median value of $200,400, and the income-to-home-value ratio of 0.37 is well above the U.S. average — especially with median rent at just $982/month. Residents can generally buy a home without being cost-burdened.

Is Elmore County growing or shrinking?

Elmore County is growing on multiple fronts. Population is up +0.6% year-over-year while employers added jobs at a +5.2% clip — and home values reflect that momentum, rising +4.3% over the past 12 months.

Are people moving to Elmore County?

In significant numbers — 5.24% of Elmore County's current population relocated from another state, well above the national norm. That level of in-migration usually signals a county where jobs, affordability, or quality of life are pulling people in from elsewhere.

[10] Similar Counties by Size & Score

Etowah County, AL 76 Marshall County, AL 74 Russell County, AL 80 DeKalb County, AL 71 Calhoun County, AL 84 Cullman County, AL 85 Whitfield County, GA 76 Eau Claire County, WI 76