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Walker County, AL

RANK #623 / 1001 NAT  ·  #24 / 27 AL  ·  POP 64,841

1YR FORECAST: -1.3%

5YR OUTLOOK: +26%

#32 Best Rental Yield #38 Most Affordable
Walker County's housing market is projected to grow -1.3% over the next year, below the national average.

[01] Why Walker County?

Jasper, the county seat, stands out in Walker County, Alabama, a region known for its outdoor recreation opportunities. Located about 20 minutes from Birmingham, the county offers a blend of rural charm and accessibility to a major metropolitan area. Residents and visitors can enjoy fishing at Lewis Smith Lake and Walker County Lake, along with various parks and green spaces offering walking trails, kayaking, biking, and camping. The community maintains a friendly atmosphere, with many residents owning their homes.

Life in Walker County often appeals to families and retirees, with a significant portion of residents owning their homes. The local economy, historically reliant on coal, has been diversifying. Recent efforts have focused on attracting industrial investment, particularly in sectors like automotive supply, wood products, metal fabrication, defense, technology, and transportation. Educational institutions, including Walker County Schools and Bevill State Community College, contribute to workforce development. The county also provides a public transportation system with demand-response services.

MARKET PROFILE

Idiosyncratic Markets

Walker County's data profile doesn't fit any single market profile cleanly — its housing, labor, and demographic signals pull in different directions (home prices -0.1% YoY, population -0.1%, wages +3.3%). About 414 U.S. counties show this kind of mixed-signal pattern.

See all 414 Idiosyncratic Markets counties →

[02] Market Snapshot

Housing Ratio
9.3x

Overvalued relative to economy

Home Prices
-0.1%

Prices declining

Climate & Terrain
0.5

Moderate climate & terrain

Price/Rent
10x

Strong rental yield

Housing looks overvalued at 9.3x — home prices are high relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    Walker Baptist Medical Center Healthcare
    500+
  2. 2
    Yorozu Automotive Manufacturing
  3. 3
    Mar-Jac Poultry Manufacturing
  4. 4
    Walker County Board of Education Education
  5. 5
    Walmart (Jasper and Sumiton) Retail
  6. 6
    Alabama Power Company Energy
  7. 7
    Walker County Government Government
  8. 8
    City of Jasper Government
  9. 9
    Bevill State Community College Education
  10. 10
    Jasper Lumber Manufacturing

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

[04] Home Value Growth vs National

Walker County U.S. National

Bars show trailing 12-month growth. The dashed Forecast bars are the model's next-12-month projection; the whisker marks the ±1% range (cooling–accelerating).

The Numbers

DEMOGRAPHICS
Population
64,841
-0.07% YoY
Median Household Income
$56,509
Median Home Value
$135,900
-0.06% 12mo
Median Rent
$756
Average Annual Pay
$50,278
+3.3% YoY
Employment
18,884
+0.9% YoY
Income-to-Home-Value
0.4158
More affordable than average
Migration Inflow
1.68%
of pop. from another state
Bachelor's Degree+
16.6%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$232,500
Days on Market
55
Moderate pace
Months of Supply
6.1
Buyer's market
Sale-to-List Ratio
94.7%
Negotiation room for buyers
Sold Above List
17.6%
Listings w/ Price Drops
29.8%
Building Permits (2025)
12
Single-Family Permits
12

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

[05] Crime & Safety

D
SAFETY
GRADE
Homicide Rate
9.1
per 100K · nat avg 6.3
Firearm Fatalities
22.5
per 100K · nat avg 14.8
Injury Deaths
123.6
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] Capital Investment

$805M
TOTAL
PROJECT AMOUNT STATUS
Project Helios (Solar Farms)
Ingka Investments
$500M Planned
Gorgas Battery Facility (Utility-Scale Battery Storage System)
Alabama Power
$150M Under Construction
Heman Drummond Center for Innovation
Walker Area Community Foundation (transferring to Walker County School System)
$80M Under Construction
Heritage Industrial Park
Walker County Economic & Industrial Development Authority
$50M Under Construction
Heiche Surface Technologies Facility
Heiche Surface Technologies
$25M Operating

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

[07] Score Breakdown

Population Growth -0.1% 20 percentile
Income Growth +3.7% 72 percentile
Vacancy Rate 1.3% 26 percentile
Home Price Change -0.1% 26 percentile
Rent Growth -3.1% 1 percentile
Price/Rent 10x 97 percentile

Bars show percentile rank among all 1001 counties.

[08] Frequently Asked Questions

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

At 37/100, Walker County faces headwinds that place it in the lower third of the 1001 counties we track. Median income of $56,509 combined with job growth of +0.9% suggests the local economy is struggling to keep pace with national trends.

Is Walker County affordable?

By national standards, Walker County is quite affordable. Homes here have a median value of $135,900, and the income-to-home-value ratio of 0.42 is well above the U.S. average — especially with median rent at just $756/month. Residents can generally buy a home without being cost-burdened.

Is Walker County growing or shrinking?

Population and employment in Walker County are both close to flat — population -0.1% YoY and jobs +0.9%. Home values shifted -0.1% over the past 12 months. A steady-state county, neither expanding quickly nor shrinking.

Are many people relocating to Walker County?

Not particularly — 1.68% of Walker County's population moved in from another state, which is below the national average. Most residents are long-term locals rather than recent transplants.

[09] Similar Counties by Size & Score

Jackson County, AL 36 Jefferson County, AL 33 Limestone County, AL 42 Shelby County, AL 42 Madison County, AL 44 Tuscaloosa County, AL 45 Campbell County, VA 37 Queen Anne's County, MD 37