80 / 100

Russell County, AL

Phenix City

RANK #202 / 996 NAT  ·  #7 / 27 AL  ·  POP 58,849

1YR FORECAST: +3.3%

5YR OUTLOOK: +32%

#45 Best Rental Yield
Our model projects Russell County's housing market to grow +3.3% over the next year, significantly outpacing the national average.

[01] Why Russell County?

Russell County, Alabama, is notable for Phenix City, its largest city and county seat, which uniquely observes Eastern Time despite the rest of Alabama being in the Central Time Zone, due to its strong economic ties with Columbus, Georgia, just across the Chattahoochee River. This southeastern Alabama county, part of the Columbus, GA-AL Metropolitan Statistical Area, offers a blend of rural charm and access to urban amenities. Commuting to Columbus, Georgia, is common, with over 54% of Russell County residents working in another state. The Chattahoochee River provides opportunities for outdoor recreation, including a riverwalk in Phenix City.

Life in Russell County offers a quieter pace, with many residents owning their homes. The public schools in Russell County are above average. Recent economic developments in Phenix City include a downtown revitalization plan, aiming for more businesses, residential development, and expanded riverfront access. The county's economy is also influenced by its proximity to Fort Moore (formerly Fort Benning), Georgia, and the presence of suppliers for nearby automotive manufacturing companies. Public transit, including the Phenix City Express, offers free fixed-route and on-demand services within Phenix City and connections to Columbus, Georgia.

[02] Market Snapshot

Housing Ratio
4.7x

Above national median (4.7x)

GDP Growth
+5.2%

Well above national median

Home Prices
+2.6%

Outpacing national median

Climate & Terrain
-0.2

Below-average climate & terrain

Price/Rent
9x

Strong rental yield

Housing is fairly valued at 4.7x relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    Fort Benning (now Fort Moore) Military
    10,000+
  2. 2
    Russell County School District Education
    1,000+
  3. 3
    MeadWestvaco (now WestRock) Manufacturing
    500+
  4. 4
    Johns Manville Manufacturing
    250+
  5. 5
    Daechang Seat Co. Manufacturing
  6. 6
    Pitts Trailers Manufacturing
  7. 7
    ILJIN Alabama Manufacturing
    100+
  8. 8
    JVL Laboratories Manufacturing
  9. 9
    Chattahoochee Valley Community College Education
  10. 10
    Russell County Government Government

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

[04] Home Value Growth vs National

Russell County U.S. National

The Numbers

DEMOGRAPHICS
Population
58,849
+0.26% YoY
Median Household Income
$47,420
Median Home Value
$141,900
+2.64% 12mo
Median Rent
$908
Average Annual Pay
$47,497
+1.9% YoY
Employment
14,057
-0.1% YoY
Income-to-Home-Value
0.3342
More affordable than average
Migration Inflow
2.2%
of pop. from another state
Bachelor's Degree+
16.4%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Building Permits (2024)
183
Single-Family Permits
171

[05] Crime & Safety

F
SAFETY
GRADE
Homicide Rate
19.9
per 100K · nat avg 6.3
Firearm Fatalities
34.7
per 100K · nat avg 14.8
Injury Deaths
126.7
per 100K · nat avg 76.3
vs National Average
Well 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)
45.3
Good
Good Air Days
63%
655 of 1,046 days
Unhealthy+ Days (3yr)
3
Sensitive groups affected
Primary Pollutant
PM2.5
Fine particulate matter
Yearly Trend
2021
47
2022
46
2023
43
Median AQI · lower is better

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

[07] Score Breakdown

GDP Growth +5.2% 84 percentile
Population Growth +0.3% 41 percentile
Income Growth +7.6% 28 percentile
Vacancy Rate 2.9% 2 percentile
Home Price Change +2.6% 67 percentile
Rent Growth +3.4% 59 percentile
Price/Rent 9x 96 percentile

Bars show percentile rank among all 996 counties.

[08] Frequently Asked Questions

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

Russell County ranks #202 out of 996 U.S. counties on the Boom Town Index with a score of 80/100, placing it in the top tier nationally. Median household income is $47,420 and the underlying growth metrics (housing, migration, income) hold up against peer counties.

Is Russell County affordable?

Housing in Russell County is roughly in line with national affordability norms. The median home costs $141,900 and the income-to-home-value ratio sits at 0.33, with rents averaging $908/month. Not a bargain, but not a stretch for most local earners either.

Is Russell County growing or shrinking?

Population and employment in Russell County are both close to flat — population +0.3% YoY and jobs -0.1%. Home values shifted +2.6% over the past 12 months. A steady-state county, neither expanding quickly nor shrinking.

Are people moving to Russell County?

There's a moderate stream of newcomers. About 2.2% of residents moved from another state, which is above average and suggests Russell County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[09] Similar Counties by Size & Score

Calhoun County, AL 84 Elmore County, AL 76 Etowah County, AL 76 Cullman County, AL 85 Marshall County, AL 74 Lee County, AL 87 Cherokee County, SC 80 Whiteside County, IL 80