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Covington County, Alabama Economic Analysis


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Economic Analysis

People and the communities they live in depend on money. The people of Covington 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 Covington County, Alabama

12:00 A.M. TO 4:59 A.M.   : 593   (4.0%)
5:00 A.M. TO 5:29 A.M.   : 646   (4.4%)
5:30 A.M. TO 5:59 A.M.   : 823   (5.6%)
6:00 A.M. TO 6:29 A.M.   : 1,446   (9.9%)
6:30 A.M. TO 6:59 A.M.   : 1,890   (12.9%)
7:00 A.M. TO 7:29 A.M.   : 2,715   (18.5%)
7:30 A.M. TO 7:59 A.M.   : 2,588   (17.6%)
8:00 A.M. TO 8:29 A.M.   : 890   (6.1%)
8:30 A.M. TO 8:59 A.M.   : 329   (2.2%)
9:00 A.M. TO 9:59 A.M.   : 386   (2.6%)
10:00 A.M. TO 10:59 A.M.   : 220   (1.5%)
11:00 A.M. TO 11:59 A.M.   : 89   (0.6%)
12:00 P.M. TO 3:59 P.M.   : 842   (5.7%)
4:00 P.M. TO 11:59 P.M.   : 1,216   (8.3%)


(updated 2010)



Household Size By Vehicles Available
(Covington County, Alabama)

1-person household:

No vehicle available : 453

1 vehicle available : 2,680

2 vehicles available : 725

3 vehicles available : 256

4 or more vehicles available : 38

2-person household:

No vehicle available : 127

1 vehicle available : 1,354

2 vehicles available : 2,853

3 vehicles available : 909

4 or more vehicles available : 391

3-person household:

No vehicle available : 72

1 vehicle available : 483

2 vehicles available : 1,080

3 vehicles available : 524

4 or more vehicles available : 300

4-or-more-person household:

No vehicle available : 95

1 vehicle available : 539

2 vehicles available : 1,229

3 vehicles available : 528

4 or more vehicles available : 335


(updated 2013)



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

1-person household:

No workers : 2,649

1 worker : 1,503

2-person household:

No workers : 2,353

1 worker : 1,963

2 workers : 1,318

3-person household:

No workers : 524

1 worker : 1,109

2 workers : 632

3 workers : 194

4-or-more-person household:

No workers : 495

1 worker : 1,096

2 workers : 874

3 or more workers : 261


(updated 2013)



Travel Time To Work
(Covington County, Alabama)

Less than 5 minutes : 523

5 to 9 minutes : 2,700

10 to 14 minutes : 2,186

15 to 19 minutes : 2,496

20 to 24 minutes : 1,292

25 to 29 minutes : 417

30 to 34 minutes : 1,191

35 to 39 minutes : 257

40 to 44 minutes : 195

45 to 59 minutes : 887

60 to 89 minutes : 612

90 or more minutes : 557


(updated 2013)



Occupations in Covington County, Alabama

Male:


  • Management, Professional, And Related Occupations: 1,977  (23.6%)
  • Service Occupations: 727  (8.7%)
  • Sales And Office Occupations: 1,150  (13.7%)
  • Farming, Fishing, And Forestry Occupations 217  (2.6%)
  • Construction, Extraction, And Maintenance Occupations: 2,030  (24.2%)

Female:


  • Management, Professional, And Related Occupations: 2,044  (29.5%)
  • Service Occupations: 1,343  (19.4%)
  • Sales And Office Occupations: 2,369  (34.2%)
  • Farming, Fishing, And Forestry Occupations 49  (0.7%)
  • Construction, Extraction, And Maintenance Occupations: 64  (0.9%)


(updated 2010)





Employment Rate In Covington County, Alabama

Employed: 16,892
Unemployed: 603



Minority Owned Firms of 100 or More in
Covington 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: 27.8%
  • Other: 72.2%



Water Usage In Covington County, Alabama

Ground Water

 
Fresh 7.39 Mgal/d
Saline 0.00 Mgal/d

Total 7.39 Mgal/d
 

Surface Water

 
Fresh 21.53 Mgal/d
Saline 0.00 Mgal/d

Total 21.53 Mgal/d





There are 899 Farms In Covington County, Alabama


(updated 2008)



Banks In Covington County, Alabama

Wells Fargo Bank, National Association - 3 Branches


    Bank Assets: $4.3b
    Industry Specialization: All Other > $1 Billion
    Total Offices: 6,310

Regions Bank - 2 Branches


    Bank Assets: $235.9m
    Industry Specialization: Commercial Lending
    Total Offices: 1,673

Branch Banking And Trust Company - 2 Branches


    Bank Assets: $367.2m
    Industry Specialization: Commercial Lending
    Total Offices: 1,843

Ccb Community Bank - 2 Branches


    Bank Assets: $871.3k
    Industry Specialization: Agricultural
    Total Offices: 4

Southern Independent Bank - 2 Branches


    Bank Assets: $416.2k
    Industry Specialization: Commercial Lending
    Total Offices: 2

Cadence Bank, N.a. - 1 Branches


    Bank Assets: $7m
    Industry Specialization: Commercial Lending
    Total Offices: 98

The Peoples Bank Of Red Level - 1 Branches


    Bank Assets: $15.1k
    Industry Specialization: Other < $1 Billion
    Total Offices: 1

Woodforest National Bank - 1 Branches


    Bank Assets: $4.1m
    Industry Specialization: Commercial Lending
    Total Offices: 763

(updated 2014)







Airports Near Covington County, Alabama

  • South Alabama Regional at Bill Benton Field


    (about 4.2 miles in Andalusia, Alabama; Airport Code: AL4)

  • Enterprise Municipal


    (about 30.7 miles in Enterprise, Alabama; Airport Code: ETS)

  • Bob Sikes


    (about 33.2 miles in Crestview, Florida; Airport Code: CEW)

  • Middleton Field


    (about 38.8 miles in Castleberry, Alabama; Airport Code: JZW)

  • Cairns AAF


    (about 41.5 miles in Daleville, Alabama; Airport Code: OZR)

  • Duke Field


    (about 42.0 miles in Duke Field Afs, Florida; Airport Code: EGI)

  • Duke Field (Eglin Af Aux Nr 3)


    (about 42.0 miles in Duke Field Afs, Florida; Airport Code: EGI)

  • Troy Municipal


    (about 48.3 miles in Troy, Alabama; Airport Code: TOI)

  • N Kenneth Campbell Field at Troy Municipal


    (about 48.3 miles in Troy, Alabama; Airport Code: TOI)

  • Brundidge Municipal


    (about 49.1 miles in Brundidge, Alabama; Airport Code: VZI)

  • Whiting Field NAS North


    (about 51.1 miles in Milton, Florida; Airport Code: NSE)

  • Northwest Florida Regional


    (about 53.4 miles in Valparaiso, Florida; Airport Code: VPS)

  • Monroe County


    (about 57.0 miles in Excel, Alabama; Airport Code: MVC)

  • Dothan Regional


    (about 57.3 miles in Dothan, Alabama; Airport Code: DHN)

  • Vosikas


    (about 58.4 miles in Bonifay, Florida; Airport Code: FL3)

  • Destin-Ft. Walton Beach


    (about 58.9 miles in Destin, Florida; Airport Code: DSI)

  • Hurlburt Field


    (about 59.1 miles in Hurlburt Field, Florida; Airport Code: RQZ)

  • Headland Municipal


    (about 65.8 miles in Headland, Alabama; Airport Code: VWA)

  • Pensacola International


    (about 70.5 miles in Pensacola, Florida; Airport Code: PNS)

  • Pensacola Gulf Coast Regional


    (about 70.6 miles in Pensacola, Florida; Airport Code: PNS)


(updated 2015)



Modes of Transportation in Covington County, Alabama

Car, Truck, Or Van:

 

Drove Alone

80.33%

Carpooled

13.36%

Public Transportation:

 

Bus Or Trolley Bus

0.09%

Streetcar Or Trolley Car

0.0%

Subway Or Elevated

0.0%

Railroad

0.0%

Ferryboat

0.0%

Taxicab

0.01%

Motorcycle

0.0%

Bicycle

0.09%

Walked

1.73%

Other Means

1.46%

Worked At Home

2.93%



(updated 2010)





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