In contemporary research, we’ve analyzed and tested the richest towns in different Deep South states, like Mississippi and Georgia. Right here, we’re going to try the richest towns of their mutual neighbor, Alabama. Despite the fact that the median family source of revenue in Alabama — $54,943 — is as regards to $14,000 not up to the median family source of revenue for america — $69,021 — there are nonetheless many towns in Alabama with top earning.

Learn on and in finding out what the richest town in Alabama is, in addition to the highest 50 wealthiest towns within the state.

What Is the Richest Town in Alabama?

In order that lets outline a “richest town in Alabama,” we sourced knowledge from the Census Bureau’s 2021 American Neighborhood Survey 5-Yr Estimates (which is the newest knowledge to be had), together with median family source of revenue, imply family source of revenue, median house price, and median belongings taxes paid, after which analyzed and scored every this sort of components, assembling a listing of the highest 50 richest towns in Alabama

As a way to absolutely take hold of the figures, listed below are some vital notes about Census knowledge. The Census Bureau measures median family earning as much as $250,000, with families incomes extra being denoted as “$250,000+”. In a similar way, the Census does this with median house price, which fits as much as $2 million, with the whole lot above that being expressed as “$2,000,000+”. Finally, the similar limits observe to measuring median belongings taxes paid, which cross as much as $10,000 and any quantity above this is denoted as “$10,000+”.

That is what makes imply family source of revenue in particular helpful in our research of the wealthiest towns in Alabama. Not like median family source of revenue, the Census Bureau supplies imply (or reasonable) family source of revenue with actual values for each town in Alabama. All 4 of those metrics have been scored, added up, after which ranked through the towns’ mixed rankings.

Under you’ll discover a desk detailing the highest 50 richest towns in Alabama and their respective buck figures for every metric: