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Shelby County, AL

RANK #540 / 996  ·  POP 223,916  ·  AL

PROJECTED GROWTH: +0.5%

Shelby County shows below-average economic momentum. Growth signals are flat or softening.

[01] Why Shelby County?

Oak Mountain State Park, Alabama's largest state park, is a significant landmark in Shelby County, offering nearly 12,000 acres of diverse terrain for outdoor activities. Located in central Alabama, just south of Birmingham, Shelby County provides a blend of suburban and rural environments. Commuting to Birmingham is common, with major roadways like I-65 and U.S. 31 connecting the county to the larger metropolitan area. The community maintains a balance between accessibility to city amenities and a more relaxed pace of life. Beyond Oak Mountain, residents and visitors can explore other natural attractions like Cahaba River Park, known for its hiking, biking, and water activities.

Shelby County is often recognized for its quality of life, attracting families and individuals. The public school system is highly rated, contributing to the county's appeal for families. The economy is diverse, with ongoing development in commercial and residential sectors. Infrastructure improvements, including road widening projects on I-65 and U.S. 31, are underway to accommodate growth and enhance connectivity. These developments reflect a focus on supporting a growing population and expanding economic opportunities within the county.

[02] Market Snapshot

Housing Ratio
4.7x

Below national median (4.7x)

GDP Growth
+0.5%

Well below national median

Home Prices
+1.4%

Above national median

Climate & Terrain
1.1

Moderate climate & terrain

Price/Rent
14x

Above national median (13x)

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

[03] Signal Profile

[04] Home Value Growth vs National

Shelby County U.S. National

The Numbers

DEMOGRAPHICS
Population
223,916
+1.42% YoY
Median Household Income
$90,618
Median Home Value
$276,500
+1.37% 12mo
Median Rent
$1,272
Average Annual Pay
$66,772
+3.0% YoY
Employment
85,169
-0.5% YoY
Income-to-Home-Value
0.3277
More affordable than average
Migration Inflow
4.93%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$339,900
Days on Market
85
Slower market
Months of Supply
3.8
Balanced market
Sale-to-List Ratio
98.4%
Near asking price
Sold Above List
17.4%
Listings w/ Price Drops
21.6%
Building Permits (2024)
990
Single-Family Permits
990

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

[05] Capital Investment

$1,092M
TOTAL
PROJECT AMOUNT STATUS
Plant Gaston Modernization & CO2 Storage (Project OASIS)
Alabama Power Co. / Southern States Energy Board
$500M Proposed
District 31 Mixed-Use Development
City of Alabaster
$242M Under Construction
DigiPower-X Data Center
DigiPower-X (formerly Digihost Technology)
$200M Planned
I-65 Widening & US 31/US 280 Interchange Upgrades
Alabama Department of Transportation
$100M Under Construction
The Canopy at Oak Mountain Mixed-Use Development
Unknown
$50M Operating

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

[06] Score Breakdown

GDP Growth +0.5% 11 percentile
Population Growth +1.4% 81 percentile
Income Growth +9.7% 76 percentile
Vacancy Rate 0.9% 63 percentile
Home Price Change +1.4% 50 percentile
Rent Growth +4.1% 69 percentile
Price/Rent 14x 46 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

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

Shelby County has a Boom Town Index score of 46/100, ranking #540 among 996 U.S. counties. With job growth at -0.5% and a median household income of $90,618, it faces some economic headwinds compared to faster-growing counties.

Is Shelby County affordable?

The median home value in Shelby County is $276,500 with median rent at $1,272/month. The income-to-home-value ratio is 0.3277, which is more affordable than the national average.

Is Shelby County growing or shrinking?

Population growth: +1.4% year-over-year. Job growth: -0.5%. Home values changed +1.4% in the past 12 months.

Are people moving to Shelby County?

Yes — 4.93% of Shelby County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

Oldham County, KY 56 Wicomico County, MD 56 Anderson County, TX 56 Rutland County, VT 56 Skagit County, WA 56 New Castle County, DE 56 Houston County, GA 56 Woodbury County, IA 56