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Colbert County, Alabama Economic Analysis


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Economic Analysis

People and the communities they live in depend on money. The people of Colbert County, Alabama need food, shelter, clothing, and medical care. Business formation and job creation are essential to this community. Money sustains infrastructure such as roads and airports as well as human resources including fire rescue and police protection.

Energy Costs In Alabama

    Residential
(cents per
kilowatthour)
Commercial
(cents per
kilowatthour)
Industrial
(cents per
kilowatthour)
Other
(cents per
kilowatthour)
Transportation
(cents per
kilowatthour)
Total
(cents per
kilowatthour)
1990              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 6.59 6.72 4.34 5.61 0.00 5.57
  Total Electric Industry 6.59 6.72 4.34 5.61 0.00 5.57
1991              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 6.69 6.81 4.37 5.77 0.00 5.64
  Total Electric Industry 6.69 6.81 4.37 5.77 0.00 5.64
1992              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 6.69 6.85 4.29 5.84 0.00 5.57
  Total Electric Industry 6.69 6.85 4.29 5.84 0.00 5.57
1993              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 6.82 6.93 4.34 5.89 0.00 5.67
  Total Electric Industry 6.82 6.93 4.34 5.89 0.00 5.67
1994              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 6.69 6.76 4.12 6.28 0.00 5.48
  Total Electric Industry 6.69 6.76 4.12 6.28 0.00 5.48
1995              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 6.71 6.73 4.05 7.35 0.00 5.47
  Total Electric Industry 6.71 6.73 4.05 7.35 0.00 5.47
1996              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 6.63 6.49 3.90 6.82 0.00 5.35
  Total Electric Industry 6.63 6.49 3.90 6.82 0.00 5.35
1997              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 6.74 6.34 3.71 6.47 0.00 5.33
  Total Electric Industry 6.74 6.34 3.71 6.47 0.00 5.33
1998              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 6.94 6.54 3.89 7.26 0.00 5.56
  Total Electric Industry 6.94 6.54 3.89 7.26 0.00 5.56
1999              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.03 6.54 3.82 7.02 0.00 5.54
  Total Electric Industry 7.03 6.54 3.82 7.02 0.00 5.54
2000              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.05 6.58 3.87 7.12 0.00 5.61
  Total Electric Industry 7.05 6.58 3.87 7.12 0.00 5.61
2001              
  Full-Service Providers 7.01 6.53 3.79 7.11 0.00 5.60
  Total Electric Industry 7.01 6.53 3.79 7.11 0.00 5.60
2002              
  Full-Service Providers 7.12 6.63 3.82 7.46 0.00 5.71
  Total Electric Industry 7.12 6.63 3.82 7.46 0.00 5.71
2003              
  Full-Service Providers 7.39 6.85 3.98 0.00 0.00 5.88
  Total Electric Industry 7.39 6.85 3.98 0.00 0.00 5.88
2004              
  Full-Service Providers 7.62 7.12 4.15 0.00 0.00 6.08
  Total Electric Industry 7.62 7.12 4.15 0.00 0.00 6.08
2005              
  Full-Service Providers 8.00 7.50 4.52 0.00 0.00 6.46
  Total Electric Industry 8.00 7.50 4.52 0.00 0.00 6.46
2006              
  Full-Service Providers 8.75 8.18 4.90 0.00 0.00 7.07
  Total Electric Industry 8.75 8.18 4.90 0.00 0.00 7.07

(updated 2006)



Time Leaving to Work in Colbert County, Alabama

12:00 A.M. TO 4:59 A.M.   : 997   (4.5%)
5:00 A.M. TO 5:29 A.M.   : 833   (3.7%)
5:30 A.M. TO 5:59 A.M.   : 1,238   (5.5%)
6:00 A.M. TO 6:29 A.M.   : 2,310   (10.3%)
6:30 A.M. TO 6:59 A.M.   : 3,092   (13.8%)
7:00 A.M. TO 7:29 A.M.   : 3,353   (15.0%)
7:30 A.M. TO 7:59 A.M.   : 3,765   (16.8%)
8:00 A.M. TO 8:29 A.M.   : 1,679   (7.5%)
8:30 A.M. TO 8:59 A.M.   : 645   (2.9%)
9:00 A.M. TO 9:59 A.M.   : 658   (2.9%)
10:00 A.M. TO 10:59 A.M.   : 391   (1.7%)
11:00 A.M. TO 11:59 A.M.   : 167   (0.7%)
12:00 P.M. TO 3:59 P.M.   : 1,694   (7.6%)
4:00 P.M. TO 11:59 P.M.   : 1,528   (6.8%)


(updated 2010)



Household Size By Vehicles Available
(Colbert County, Alabama)

1-person household:

No vehicle available : 905

1 vehicle available : 4,060

2 vehicles available : 1,095

3 vehicles available : 282

4 or more vehicles available : 96

2-person household:

No vehicle available : 355

1 vehicle available : 1,808

2 vehicles available : 4,083

3 vehicles available : 1,531

4 or more vehicles available : 580

3-person household:

No vehicle available : 59

1 vehicle available : 806

2 vehicles available : 1,323

3 vehicles available : 900

4 or more vehicles available : 471

4-or-more-person household:

No vehicle available : 37

1 vehicle available : 596

2 vehicles available : 1,382

3 vehicles available : 948

4 or more vehicles available : 731


(updated 2013)



Household Size By Number Of Workers In Household
(Colbert County, Alabama)

1-person household:

No workers : 4,160

1 worker : 2,278

2-person household:

No workers : 3,512

1 worker : 2,905

2 workers : 1,940

3-person household:

No workers : 783

1 worker : 1,303

2 workers : 1,265

3 workers : 208

4-or-more-person household:

No workers : 469

1 worker : 1,384

2 workers : 1,529

3 or more workers : 312


(updated 2013)



Travel Time To Work
(Colbert County, Alabama)

Less than 5 minutes : 761

5 to 9 minutes : 2,626

10 to 14 minutes : 3,812

15 to 19 minutes : 3,450

20 to 24 minutes : 2,706

25 to 29 minutes : 1,419

30 to 34 minutes : 1,931

35 to 39 minutes : 239

40 to 44 minutes : 362

45 to 59 minutes : 1,367

60 to 89 minutes : 956

90 or more minutes : 283


(updated 2013)



Occupations in Colbert County, Alabama

Male:


  • Management, Professional, And Related Occupations: 2,625  (20.4%)
  • Service Occupations: 1,286  (10.0%)
  • Sales And Office Occupations: 1,763  (13.7%)
  • Farming, Fishing, And Forestry Occupations 97  (0.8%)
  • Construction, Extraction, And Maintenance Occupations: 3,033  (23.6%)

Female:


  • Management, Professional, And Related Occupations: 2,925  (28.6%)
  • Service Occupations: 1,876  (18.3%)
  • Sales And Office Occupations: 3,947  (38.6%)
  • Farming, Fishing, And Forestry Occupations 30  (0.3%)
  • Construction, Extraction, And Maintenance Occupations: 130  (1.3%)


(updated 2010)





Employment Rate In Colbert County, Alabama

Employed: 24,807
Unemployed: 1,066



Minority Owned Firms of 100 or More in
Colbert County, Alabama

  • Total Black-owned firms of 100 or more, percent 2002: 0.0%
  • Total American Indian-and Alaska Native-owned firms of 100 or more, percent 2002: 0.0%
  • Total Asian-owned firms of 100 or more, percent 2002: 0.0%
  • Total Hispanic-owned firms of 100 or more, percent 2002: 0.0%
  • Total Native Hawaiian-and Other Pacific Islander-owned firms of 100 or more, percent 2002: 0.0%
  • Total women-owned firms of 100 or more, percent 2002: 22.8%
  • Other: 77.2%



Water Usage In Colbert County, Alabama

Ground Water

 
Fresh 4.67 Mgal/d
Saline 0.00 Mgal/d

Total 4.67 Mgal/d
 

Surface Water

 
Fresh 1,341.36 Mgal/d
Saline 0.00 Mgal/d

Total 1,341.36 Mgal/d





There are 576 Farms In Colbert County, Alabama


(updated 2008)



Banks In Colbert County, Alabama

Bank Independent - 7 Branches


    Bank Assets: $7.7m
    Industry Specialization: Commercial Lending
    Total Offices: 26

Cb&s Bank, Inc. - 3 Branches


    Bank Assets: $4.4m
    Industry Specialization: All Other > $1 Billion
    Total Offices: 55

First Metro Bank - 2 Branches


    Bank Assets: $1m
    Industry Specialization: Commercial Lending
    Total Offices: 8

First Southern Bank - 2 Branches


    Bank Assets: $413.1k
    Industry Specialization: Commercial Lending
    Total Offices: 20

Compass Bank - 1 Branches


    Bank Assets: $75.4m
    Industry Specialization: Commercial Lending
    Total Offices: 675

Wells Fargo Bank, National Association - 1 Branches


    Bank Assets: $1.4b
    Industry Specialization: All Other > $1 Billion
    Total Offices: 6,310

Regions Bank - 1 Branches


    Bank Assets: $117.9m
    Industry Specialization: Commercial Lending
    Total Offices: 1,673

Valley State Bank - 1 Branches


    Bank Assets: $128.2k
    Industry Specialization: Other < $1 Billion
    Total Offices: 4

Suntrust Bank - 1 Branches


    Bank Assets: $178.3m
    Industry Specialization: Commercial Lending
    Total Offices: 1,514

(updated 2014)







Airports Near Colbert County, Alabama

  • Northwest Alabama Regional


    (about 6.6 miles in Muscle Shoals, Alabama; Airport Code: MSL)

  • Lawrenceburg-Lawrence County


    (about 43.7 miles in Ethridge, Tennessee; Airport Code: LWF)

  • Marion County


    (about 44.3 miles in Hamilton, Alabama; Airport Code: HAB)

  • Pryor Field Regional


    (about 44.7 miles in Tanner, Alabama; Airport Code: DCU)

  • Abernathy Field


    (about 47.8 miles in Pulaski, Tennessee; Airport Code: TN4)

  • Roscoe Turner


    (about 51.4 miles in Corinth, Mississippi; Airport Code: CRX)

  • Huntsville International-Carl T Jones Field


    (about 54.4 miles in Huntsville, Alabama; Airport Code: HSV)

  • Redstone AAF


    (about 59.3 miles in Huntsville, Alabama; Airport Code: HUA)

  • Maury County


    (about 64.7 miles in Mount Pleasant, Tennessee; Airport Code: MRC)

  • Madison County Executive/Tom Sharp Jr. Field


    (about 66.9 miles in Meridianville, Alabama; Airport Code: AL3)

  • Tupelo Regional


    (about 67.7 miles in Tupelo, Mississippi; Airport Code: TUP)

  • Franklin Wilkins


    (about 73.5 miles in Lexington, Tennessee; Airport Code: TN5)

  • Ellington


    (about 74.7 miles in Lewisburg, Tennessee; Airport Code: TN3)

  • Columbus AFB


    (about 85.6 miles in Columbus, Mississippi; Airport Code: CBM)

  • McKellar-Sipes Regional


    (about 90.1 miles in Jackson, Tennessee; Airport Code: MKL)

  • McKellar Field


    (about 90.1 miles in Jackson, Tennessee; Airport Code: MKL)

  • Albertville Regional-Thomas J Brumlik Field


    (about 90.6 miles in Albertville, Alabama; Airport Code: AL1)

  • Bomar Field-Shelbyville Municipal


    (about 92.4 miles in Shelbyville, Tennessee; Airport Code: SYI)

  • Tullahoma Regional Airport/William Northern Field


    (about 94.9 miles in Arnold Afb, Tennessee; Airport Code: THA)

  • Northern


    (about 94.9 miles in Arnold Afb, Tennessee; Airport Code: THA)


(updated 2015)



Modes of Transportation in Colbert County, Alabama

Car, Truck, Or Van:

 

Drove Alone

87.12%

Carpooled

10.23%

Public Transportation:

 

Bus Or Trolley Bus

0.13%

Streetcar Or Trolley Car

0.0%

Subway Or Elevated

0.02%

Railroad

0.0%

Ferryboat

0.0%

Taxicab

0.0%

Motorcycle

0.02%

Bicycle

0.08%

Walked

0.88%

Other Means

0.45%

Worked At Home

1.08%



(updated 2010)





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