Hale County, Alabama: commercial real estate data.
Hale County, Alabama has a population of 14,829 across 644 square miles, up 2.2 percent since the 2020 census base. County output reached $385.5 m in 2024, 183 establishments operate here, and the SBA record carries 2 7(a) approvals worth $20,000.
111 sourced county values · tier FULL · 10 sections
Hale County
How many people live in Hale County
- Population14,829
- Households5,642
- Average household size2.63
- Median household income$39,250
- Median age40.6
- Median gross rent$715 per month
- Median owner-occupied home value$127,600
- Home value to household income3.3 times
- Annual rent as a share of median income21.9 percent
- Adults 25 and over with a bachelor degree or higher17.6 percent
- Adults 25 and over with a graduate degree6.0 percent
- Adults 25 and over10,178
- Population under 183,584
- Share under 1824.2 percent
- Population 65 and over2,965
- Share 65 and over20.0 percent
- Working age population, 18 to 648,280
- Civilian labor force5,635
- Unemployment rate6.0 percent
- Labor force participation, adults 18 and over50.1 percent
- Rank by population among Alabama counties55th of 67
- Rank by population among US county-equivalents2171st
Hale County is the 55th largest of 67 Alabama counties by population. A median home costs 3.3 times median household income, which is an affordable ownership market by national standards. Residents under 18 outnumber those 65 and over, at 24.2 percent against 20.0 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Hale County
Is Hale County growing
- Population change since the 2020 census base2.22 percent
- Census 2020 base population14,788
- Births, 2024221
- Deaths, 2024231
- Natural change, 2024-10
- Net domestic migration, 2024195
- Net international migration, 20240
- Total net migration, 2024195
- Cumulative net domestic migration, 2021 to 2024465
- Rank by growth among US county-equivalents1098th
The county has grown 2.22 percent since the 2020 census base. Deaths exceeded births in 2024, so all of the growth came from people moving in. A market held up by migration alone is more sensitive to a change in relative cost than one growing from household formation.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Hale County
Where people moving to Hale County come from
- Tax returns filed by households arriving391
- People arriving, from those returns809
- Adjusted gross income arriving$18.1 m
- Net adjusted gross income movement$0
- Average income of an arriving household$46,217
- Largest single originHale County Non-migrants (5,048 households)
- Largest single destination (5,048 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Hale County Non-migrants | 5,048 | 10,412 | $245.9 m |
| Tuscaloosa County | 233 | 506 | $10.7 m |
| Other flows - Same State | 99 | 188 | $4.4 m |
| Other flows - Different State | 39 | 73 | $1.8 m |
| Other flows - South | 39 | 73 | $1.8 m |
| Marengo County | 20 | 42 | $1.2 m |
The largest single source of arrivals is Hale County Non-migrants, which is the catchment a retail or multifamily study should look at first.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Hale County
What the Hale County economy runs on
- County GDP, 2024$385.5 m
- County GDP, 2023$361.4 m
- GDP change, 2023 to 20246.7 percent
- GDP change over five years29.4 percent
- Rank by GDP among Alabama counties63rd
- Rank by GDP among US county-equivalents2571st
- GDP per resident$25,997
Output grew 6.7 percent in the latest year and 29.4 percent over five, which is the trend line a lender will read behind any single year figure.
US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024.
Hale County
Who employs people in Hale County
- Covered employment, annual average2,607
- Establishments reporting331
- Average annual pay$49,126
- Average weekly wage$945
- Sector 31-33, employment369
- Sector 31-33, average annual pay$84,639
- Sector 62, employment277
- Sector 62, average annual pay$35,059
- Sector 44-45, employment250
- Sector 44-45, average annual pay$27,745
- Sector 11, employment186
- Sector 11, average annual pay$53,316
- Sector 23, employment174
- Sector 54, employment73
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 31-33 | 369 | 16 | $84,639 |
| Sector 62 | 277 | 62 | $35,059 |
| Sector 44-45 | 250 | 42 | $27,745 |
| Sector 11 | 186 | 39 | $53,316 |
| Sector 23 | 174 | 24 | $60,588 |
| Sector 54 | 73 | 15 | $56,283 |
| Sector 61 | 61 | 4 | $29,875 |
| Sector 81 | 48 | 17 | $48,697 |
The largest sector is the biggest private employer group at 369 jobs, 14.2 percent of covered employment. Average pay per job exceeds median household income, which usually means single earner households and a wage base that can carry rent.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Hale County
What businesses operate in Hale County
- Establishments, all industries183
- Employment at those establishments1,904
- Annual payroll$96.2 m
- Establishments per 1,000 residents12.3
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against.
US Census Bureau, County Business Patterns, 2023.
Hale County
What is being built in Hale County
- Housing units authorised by permit, 202411
- Declared construction value permitted$2.0 m
- Single family units authorised11
- Multifamily units authorised0
- Multifamily share of units0.0 percent
- Average declared value per unit$185,455
- Units authorised per 1,000 households1.9
Multifamily is 0.0 percent of units authorised, so the pipeline is predominantly for sale product.
US Census Bureau, Building Permits Survey, 2024 annual.
Hale County
How much SBA lending happens in Hale County
- 7(a) approvals recorded2
- 7(a) gross approval dollars$20,000
- Average 7(a) approval$10,000
- Median 7(a) approval$15,000
- 10th percentile approval$5,000
- 90th percentile approval$15,000
- Largest single approval$15,000
- Jobs reported supported, 7(a)1
- Jobs per approval0.5
- Distinct 7(a) lenders active1
- Distinct industries receiving approvals2
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer0.0 percent
- Loans on real estate terms0
- Loans on working capital terms, 120 months or shorter2
- Franchise loans0
- Franchise share of approvals0.0 percent
- Leading industry by approval countCosmetics, Beauty Supplies, and Perfume Retailers (1)
- Most active lenderWells Fargo Bank National Association (2)
- 504 approvals recorded2
- 504 gross approval dollars$666,000
- Average 504 approval$333,000
- Median 504 approval$609,000
- Distinct CDCs active2
- 504 jobs per approval5.5
- 504 jobs per million dollars approved16.5
- Most active CDCBirmingham Citywide Local Development Company (1)
- 7(a) share of SBA approvals50.0 percent
- Combined SBA approval dollars$686,000
The average approval of $10,000 sits close to the median of $15,000, so lending here is fairly evenly sized rather than driven by a few large deals. Only 0.0 percent of approvals run on real estate terms, so SBA credit here is mostly working capital and equipment rather than property acquisition.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30. US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Hale County
Do SBA loans in Hale County get paid back
- Loans with a final outcome recorded0
- Paid in full0
- Charged off0
- Status: Exempt from disclosure2
Too few loans have reached a final outcome to publish a charge off rate. only 0 resolved loans, too few to publish a rate. A rate computed on a handful of loans is noise, so none is shown.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Hale County
How big is Hale County
- Land area644 sq mi
- Rank by land area among Alabama counties39th of 67
- Width, east to west26.2 mi
- Height, north to south36.3 mi
- Geographies sharing a boundary5
- Residents per square mile of land23
- Establishments per square mile0.28
US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary vertices, TIGER county boundaries. US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year. US Census Bureau, County Business Patterns, 2023.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- No NFIP communities are listed for this county in the FEMA Community Status Book.
- Flood zone record counts are not held. The flood coverage export has not landed, so no count is shown rather than an estimated one.
- Traffic counts resolve in the platform, not in this dataset, so no AADT figure is printed here.
- Zoning is in build. Parcel level zoning is not published on this page.
Feasibility studies
When a Hale County site needs a document a lender will accept.
The same data layer behind this page is the one the studies are written from. A study for a Hale County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population14,829
- Households5,642
- Average household size2.63
- Median household income$39,250
- Median age40.6
Common questions
Hale County questions, answered from the record.
How many people live in Hale County, Alabama?
14,829, in 5,642 households, ranking 55th of 67 Alabama counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Hale County growing?
The population has grown 2.22 percent since the 2020 census base. In 2024 there were 221 births against 231 deaths, with net migration of 195. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Hale County?
$39,250. The median owner-occupied home is valued at $127,600, which is 3.3 times income, and median gross rent is $715 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Hale County?
183 establishments, employing 1,904 people with an annual payroll of $96.2 m. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is the average wage in Hale County?
Average annual pay is $49,126, or $945 a week, across 2,607 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Hale County?
2 7(a) approvals totalling $20,000 since FY2020, across 1 lenders, with a median approval of $15,000, plus 2 504 approvals worth $666,000. These are approvals recorded in the release, not loans disbursed.
What is being built in Hale County?
11 housing units were authorised by permit in 2024, with a declared construction value of $2.0 m. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Hale County?
Zone 2, a predicted average indoor radon screening level from 2 to 4 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to Hale County come from?
The largest single origin is Hale County Non-migrants, with 5,048 households. Arriving households report an average income of $46,217 against null for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Hale County on this page?
No. Annual average daily traffic resolves in the platform rather than in this dataset, so no AADT figure is printed here. It is a gap we know about rather than a figure we estimated.
Is zoning published for Hale County?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame with confirm locally attached.