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Fayette County, Alabama Economic Analysis


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Economic Analysis

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

12:00 A.M. TO 4:59 A.M.   : 377   (5.2%)
5:00 A.M. TO 5:29 A.M.   : 493   (6.9%)
5:30 A.M. TO 5:59 A.M.   : 711   (9.9%)
6:00 A.M. TO 6:29 A.M.   : 901   (12.5%)
6:30 A.M. TO 6:59 A.M.   : 932   (13.0%)
7:00 A.M. TO 7:29 A.M.   : 930   (12.9%)
7:30 A.M. TO 7:59 A.M.   : 981   (13.6%)
8:00 A.M. TO 8:29 A.M.   : 273   (3.8%)
8:30 A.M. TO 8:59 A.M.   : 188   (2.6%)
9:00 A.M. TO 9:59 A.M.   : 135   (1.9%)
10:00 A.M. TO 10:59 A.M.   : 56   (0.8%)
11:00 A.M. TO 11:59 A.M.   : 39   (0.5%)
12:00 P.M. TO 3:59 P.M.   : 530   (7.4%)
4:00 P.M. TO 11:59 P.M.   : 650   (9.0%)


(updated 2010)



Means Of Transportation
(Fayette County, Alabama)

Car, truck, or van:

Drove alone : 5,968

Carpooled:

In 2-person carpool : 606

In 3-person carpool : 144

In 4-person carpool : 84

In 5- or 6-person carpool : 0

In 7-or-more-person carpool : 55

Public transportation (excluding taxicab):

Bus or trolley bus : 16

Streetcar or trolley car (carro publico in Puerto Rico) : 0

Subway or elevated : 0

Railroad : 0

Ferryboat : 0

Taxicab : 0

Motorcycle : 0

Bicycle : 0

Walked : 118

Other means : 40

Worked at home : 100


(updated 2009)



Travel Time To Work
(Fayette County, Alabama)

Less than 5 minutes : 451

5 to 9 minutes : 955

10 to 14 minutes : 1,060

15 to 19 minutes : 1,104

20 to 24 minutes : 690

25 to 29 minutes : 332

30 to 34 minutes : 451

35 to 39 minutes : 136

40 to 44 minutes : 156

45 to 59 minutes : 651

60 to 89 minutes : 722

90 or more minutes : 323


(updated 2009)



Social Security Income In The Past 12 Months For Households
(Fayette County, Alabama)

With Social Security income : 2,872

No Social Security income : 4,542


(updated 2009)



Retirement Income In The Past 12 Months For Households
(Fayette County, Alabama)

With retirement income : 1,726

No retirement income : 5,688


(updated 2009)



Family Income (Annual)
(Fayette County, Alabama)

Less than $10,000 : 348

$10,000 to $14,999 : 323

$15,000 to $19,999 : 229

$20,000 to $24,999 : 242

$25,000 to $29,999 : 371

$30,000 to $34,999 : 443

$35,000 to $39,999 : 462

$40,000 to $44,999 : 306

$45,000 to $49,999 : 455

$50,000 to $59,999 : 699

$60,000 to $74,999 : 417

$75,000 to $99,999 : 559

$100,000 to $124,999 : 228

$125,000 to $149,999 : 124

$150,000 to $199,999 : 78

$200,000 or more : 27


(updated 2009)



Median Family Income (Annual)
(Fayette County, Alabama)

Median family income in the past 12 months (in 2009 inflation-adjusted dollars) : $43,843


(updated 2009)



Occupations in Fayette County, Alabama

Male:


  • Management, Professional, And Related Occupations: 601  (14.1%)
  • Service Occupations: 285  (6.7%)
  • Sales And Office Occupations: 451  (10.6%)
  • Farming, Fishing, And Forestry Occupations 179  (4.2%)
  • Construction, Extraction, And Maintenance Occupations: 1,023  (24.0%)

Female:


  • Management, Professional, And Related Occupations: 930  (29.7%)
  • Service Occupations: 559  (17.8%)
  • Sales And Office Occupations: 1,087  (34.7%)
  • Farming, Fishing, And Forestry Occupations 3  (0.1%)
  • Construction, Extraction, And Maintenance Occupations: 24  (0.8%)


(updated 2010)





Employment Rate In Fayette County, Alabama

Employed: 7,713
Unemployed: 300



Minority Owned Firms of 100 or More in
Fayette 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: 21.4%
  • Other: 78.6%



Water Usage In Fayette County, Alabama

Ground Water

 
Fresh 0.00 Mgal/d
Saline 0.00 Mgal/d

Total 0.00 Mgal/d
 

Surface Water

 
Fresh 2.07 Mgal/d
Saline 0.00 Mgal/d

Total 2.07 Mgal/d





There are 277 Farms In Fayette County, Alabama


(updated 2008)



Banks In Fayette County, Alabama

The Citizens Bank Of Fayette - 2 Branches


    Bank Assets: $391.9k
    Industry Specialization: Other < $1 Billion
    Total Offices: 2

Regions Bank - 2 Branches


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

West Alabama Bank & Trust - 1 Branches


    Bank Assets: $559.5k
    Industry Specialization: Commercial Lending
    Total Offices: 14

First National Bank - 1 Branches


    Bank Assets: $278.3k
    Industry Specialization: All Other < $1 Billion
    Total Offices: 191

(updated 2014)







Airports Near Fayette County, Alabama

  • Marion County


    (about 29.8 miles in Hamilton, Alabama; Airport Code: HAB)

  • Tuscaloosa Regional


    (about 37.2 miles in Northport, Alabama; Airport Code: TCL)

  • Columbus AFB


    (about 40.4 miles in Columbus, Mississippi; Airport Code: CBM)

  • Lowndes County


    (about 41.1 miles in Columbus, Mississippi; Airport Code: UBS)

  • Columbus-Lowndes County


    (about 41.1 miles in Columbus, Mississippi; Airport Code: UBS)

  • Golden Triangle Regional


    (about 52.5 miles in Columbus, Mississippi; Airport Code: GTR)

  • Bessemer Airport


    (about 56.2 miles in Helena, Alabama; Airport Code: EKY)

  • Birmingham International


    (about 58.7 miles in Birmingham, Alabama; Airport Code: BHM)

  • Birmingham Airport


    (about 58.7 miles in Birmingham, Alabama; Airport Code: BHM)

  • Birmingham-Shuttlesworth International


    (about 58.7 miles in Birmingham, Alabama; Airport Code: BHM)

  • George M. Bryan


    (about 66.8 miles in Starkville, Mississippi; Airport Code: STF)

  • Tupelo Regional


    (about 68.1 miles in Tupelo, Mississippi; Airport Code: TUP)

  • Shelby County


    (about 68.3 miles in Saginaw, Alabama; Airport Code: AL2)

  • Northwest Alabama Regional


    (about 69.4 miles in Muscle Shoals, Alabama; Airport Code: MSL)

  • Pryor Field Regional


    (about 77.8 miles in Tanner, Alabama; Airport Code: DCU)

  • Huntsville International-Carl T Jones Field


    (about 83.1 miles in Huntsville, Alabama; Airport Code: HSV)

  • Perry County


    (about 86.0 miles in Marion, Alabama; Airport Code: XWU)

  • Louisville Winston County


    (about 86.3 miles in Louisville, Mississippi; Airport Code: LMS)

  • Redstone AAF


    (about 88.6 miles in Huntsville, Alabama; Airport Code: HUA)

  • Demopolis Municipal


    (about 89.4 miles in Demopolis, Alabama; Airport Code: AL5)


(updated 2015)



Modes of Transportation in Fayette County, Alabama

Car, Truck, Or Van:

 

Drove Alone

84.34%

Carpooled

11.96%

Public Transportation:

 

Bus Or Trolley Bus

0.07%

Streetcar Or Trolley Car

0.0%

Subway Or Elevated

0.0%

Railroad

0.01%

Ferryboat

0.0%

Taxicab

0.0%

Motorcycle

0.0%

Bicycle

0.07%

Walked

1.36%

Other Means

0.85%

Worked At Home

1.34%



(updated 2010)





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