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Jefferson County, AL

RANK #750 / 996  ·  POP 672,265  ·  AL

PROJECTED GROWTH: -0.2%

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

[01] Why Jefferson County?

Jefferson County, Alabama, stands out for its blend of urban amenities and natural beauty, with Birmingham at its heart. The city is known for its pivotal role in the Civil Rights Movement, marked by sites like the 16th Street Baptist Church and Kelly Ingram Park. Beyond its historical significance, the county offers extensive outdoor recreation, including the Red Rock Trail System, which features over 160 miles of trails and greenways for hiking and biking across six major corridors. Commutes to downtown Birmingham average around 22 minutes, though most residents rely on private vehicles. Notable towns like Homewood, Vestavia Hills, and Mountain Brook are recognized for their schools and residential appeal.

Life in Jefferson County balances a relaxed pace with active community engagement. The area attracts families, young professionals, and retirees seeking affordability and a strong sense of community. The economy is driven by diverse sectors, including healthcare, with the University of Alabama at Birmingham (UAB) serving as a major anchor for medical research and hospitals. Significant investment has also flowed into manufacturing, logistics, and technology, with new projects and expansions contributing to job growth across these industries.

[02] Market Snapshot

Housing Ratio
2.8x

Undervalued relative to economy

GDP Growth
+1.4%

Below national median

Home Prices
+0.1%

Well below national median

Climate & Terrain
0.5

Moderate climate & terrain

Price/Rent
13x

Below national median (13x)

Housing looks undervalued at 2.8x — home prices are low relative to local economic output. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Jefferson County U.S. National

The Numbers

DEMOGRAPHICS
Population
672,265
-0.04% YoY
Median Household Income
$63,595
Median Home Value
$208,900
+0.11% 12mo
Median Rent
$1,086
Average Annual Pay
$71,562
+3.4% YoY
Employment
367,081
+1.2% YoY
Income-to-Home-Value
0.3044
More affordable than average
Migration Inflow
2.61%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$287,000
Days on Market
78
Slower market
Months of Supply
4.9
Balanced market
Sale-to-List Ratio
97.4%
Negotiation room for buyers
Sold Above List
21.1%
Listings w/ Price Drops
21.5%
Building Permits (2024)
2,117
Single-Family Permits
1,536

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

[05] Capital Investment

$16,610M
TOTAL
PROJECT AMOUNT STATUS
Project Marvel Data Center Campus
Logistic Land Investments LLC
$14,500M Permitted
J.M. Smucker Co. Manufacturing Facility
J.M. Smucker Co.
$1,100M Under Construction
Coca-Cola Bottling Company United Headquarters & Distribution Facility
Coca-Cola Bottling Company United
$330M Under Construction
Amazon Fulfillment Center
Amazon
$325M Operating
Wells Fargo Data Center Refresh
Wells Fargo
$205M Completed
Alabama Farm Center
Alabama Exhibition Center Corp.
$150M Planned

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

[06] Score Breakdown

GDP Growth +1.4% 24 percentile
Population Growth -0.0% 28 percentile
Income Growth +9.0% 64 percentile
Vacancy Rate 1.7% 15 percentile
Home Price Change +0.1% 32 percentile
Rent Growth +1.1% 21 percentile
Price/Rent 13x 55 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

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

Jefferson County has a Boom Town Index score of 25/100, ranking #750 among 996 U.S. counties. With job growth at +1.2% and a median household income of $63,595, it faces some economic headwinds compared to faster-growing counties.

Is Jefferson County affordable?

The median home value in Jefferson County is $208,900 with median rent at $1,086/month. The income-to-home-value ratio is 0.3044, which is more affordable than the national average.

Is Jefferson County growing or shrinking?

Population growth: -0.0% year-over-year. Job growth: +1.2%. Home values changed +0.1% in the past 12 months.

Are people moving to Jefferson County?

Yes — 2.61% of Jefferson County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

Haywood County, NC 35 La Plata County, CO 35 Kent County, DE 35 St. Martin Parish, LA 35 Oklahoma County, OK 35 Alamance County, NC 35 Gaston County, NC 35 Moore County, NC 35