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Madison County, Alabama Economic Analysis


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Economic Analysis

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

12:00 A.M. TO 4:59 A.M.   : 4,086   (3.1%)
5:00 A.M. TO 5:29 A.M.   : 2,971   (2.3%)
5:30 A.M. TO 5:59 A.M.   : 5,906   (4.5%)
6:00 A.M. TO 6:29 A.M.   : 11,172   (8.5%)
6:30 A.M. TO 6:59 A.M.   : 16,759   (12.8%)
7:00 A.M. TO 7:29 A.M.   : 23,980   (18.3%)
7:30 A.M. TO 7:59 A.M.   : 26,066   (19.9%)
8:00 A.M. TO 8:29 A.M.   : 11,474   (8.8%)
8:30 A.M. TO 8:59 A.M.   : 4,847   (3.7%)
9:00 A.M. TO 9:59 A.M.   : 6,015   (4.6%)
10:00 A.M. TO 10:59 A.M.   : 2,225   (1.7%)
11:00 A.M. TO 11:59 A.M.   : 1,008   (0.8%)
12:00 P.M. TO 3:59 P.M.   : 7,316   (5.6%)
4:00 P.M. TO 11:59 P.M.   : 7,080   (5.4%)


(updated 2010)



Household Size By Vehicles Available
(Madison County, Alabama)

1-person household:

No vehicle available : 4,378

1 vehicle available : 28,247

2 vehicles available : 6,739

3 vehicles available : 1,081

4 or more vehicles available : 617

2-person household:

No vehicle available : 1,250

1 vehicle available : 9,245

2 vehicles available : 25,046

3 vehicles available : 7,980

4 or more vehicles available : 2,230

3-person household:

No vehicle available : 627

1 vehicle available : 3,408

2 vehicles available : 8,910

3 vehicles available : 5,936

4 or more vehicles available : 2,322

4-or-more-person household:

No vehicle available : 489

1 vehicle available : 3,086

2 vehicles available : 11,313

3 vehicles available : 6,904

4 or more vehicles available : 5,072


(updated 2013)



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

1-person household:

No workers : 16,701

1 worker : 24,361

2-person household:

No workers : 12,625

1 worker : 18,198

2 workers : 14,928

3-person household:

No workers : 1,957

1 worker : 7,850

2 workers : 9,349

3 workers : 2,047

4-or-more-person household:

No workers : 1,782

1 worker : 9,810

2 workers : 11,202

3 or more workers : 4,070


(updated 2013)



Means of Transportation To Work
(Madison County, Alabama)

Car, truck, or van:

Drove alone : 138,397

Carpooled:

In 2-person carpool : 9,490

In 3-person carpool : 1,389

In 4-person carpool : 473

In 5- or 6-person carpool : 134

In 7-or-more-person carpool : 83

Public transportation (excluding taxicab):

Bus or trolley bus : 491

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

Subway or elevated : 0

Railroad : 0

Ferryboat : 0

Taxicab : 208

Motorcycle : 423

Bicycle : 275

Walked : 2,098

Other means : 1,784

Worked at home : 4,405


(updated 2013)



Travel Time To Work
(Madison County, Alabama)

Less than 5 minutes : 3,112

5 to 9 minutes : 15,190

10 to 14 minutes : 24,600

15 to 19 minutes : 30,837

20 to 24 minutes : 31,961

25 to 29 minutes : 12,062

30 to 34 minutes : 23,089

35 to 39 minutes : 2,762

40 to 44 minutes : 2,493

45 to 59 minutes : 5,394

60 to 89 minutes : 2,063

90 or more minutes : 1,682


(updated 2013)



Occupations in Madison County, Alabama

Male:


  • Management, Professional, And Related Occupations: 32,711  (45.0%)
  • Service Occupations: 7,517  (10.3%)
  • Sales And Office Occupations: 10,892  (15.0%)
  • Farming, Fishing, And Forestry Occupations 188  (0.3%)
  • Construction, Extraction, And Maintenance Occupations: 9,469  (13.0%)

Female:


  • Management, Professional, And Related Occupations: 25,765  (41.4%)
  • Service Occupations: 9,217  (14.8%)
  • Sales And Office Occupations: 21,223  (34.1%)
  • Farming, Fishing, And Forestry Occupations 43  (0.1%)
  • Construction, Extraction, And Maintenance Occupations: 635  (1.0%)


(updated 2010)



Most Common Industries in Madison County, Alabama

Male:

 

Agriculture, Forestry, Fishing And Hunting, And Mining:

 

Agriculture, Forestry, Fishing And Hunting

0.32%

Mining

0.04%

Construction

5.04%

Manufacturing

12.30%

Wholesale Trade

1.81%

Retail Trade

5.18%

Transportation And Warehousing, And Utilities:

 

Transportation And Warehousing

1.74%

Utilities

0.63%

Information

1.45%

Finance, Insurance, Real Estate And Rental And Leasing:

 

Finance And Insurance

0.96%

Real Estate And Rental And Leasing

0.92%

Professional, Scientific, Management, Administrative, And Waste Management Services:

 

Professional, Scientific, And Technical Services

6.11%

Management Of Companies And Enterprises

0.00%

Administrative And Support And Waste Management Services

1.69%

Educational, Health And Social Services:

 

Educational Services

2.44%

Health Care And Social Assistance

1.65%

Arts, Entertainment, Recreation, Accommodation And Food Services:

 

Arts, Entertainment, And Recreation

0.78%

Accommodation And Food Services

3.00%

Other Services (except Public Administration)

2.24%

Public Administration

5.62%

Female:

 

Agriculture, Forestry, Fishing And Hunting, And Mining:

 

Agriculture, Forestry, Fishing And Hunting

0.09%

Mining

0.00%

Construction

0.69%

Manufacturing

6.52%

Wholesale Trade

0.79%

Retail Trade

5.30%

Transportation And Warehousing, And Utilities:

 

Transportation And Warehousing

0.65%

Utilities

0.08%

Information

1.11%

Finance, Insurance, Real Estate And Rental And Leasing:

 

Finance And Insurance

1.63%

Real Estate And Rental And Leasing

0.83%

Professional, Scientific, Management, Administrative, And Waste Management Services:

 

Professional, Scientific, And Technical Services

3.40%

Management Of Companies And Enterprises

0.0%

Administrative And Support And Waste Management Services

1.15%

Educational, Health And Social Services:

 

Educational Services

5.61%

Health Care And Social Assistance

7.80%

Arts, Entertainment, Recreation, Accommodation And Food Services:

 

Arts, Entertainment, And Recreation

0.73%

Accommodation And Food Services

3.37%

Other Services (except Public Administration)

2.30%

Public Administration

4.04%


(updated 2010)



Employment Rate In Madison County, Alabama

Employed: 159,065
Unemployed: 4,756



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

  • Total Black-owned firms of 100 or more, percent 2002: 13.1%
  • Total American Indian-and Alaska Native-owned firms of 100 or more, percent 2002: 1.0%
  • Total Asian-owned firms of 100 or more, percent 2002: 2.1%
  • Total Hispanic-owned firms of 100 or more, percent 2002: 1.3%
  • 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: 30.5%
  • Other: 52%



Water Usage In Madison County, Alabama

Ground Water

 
Fresh 31.22 Mgal/d
Saline 0.00 Mgal/d

Total 31.22 Mgal/d
 

Surface Water

 
Fresh 22.56 Mgal/d
Saline 0.00 Mgal/d

Total 22.56 Mgal/d





There are 1,530 Farms In Madison County, Alabama


(updated 2008)



Banks In Madison County, Alabama

Regions Bank - 18 Branches


    Bank Assets: $2.1b
    Industry Specialization: Commercial Lending
    Total Offices: 1,673

Wells Fargo Bank, National Association - 8 Branches


    Bank Assets: $11.4b
    Industry Specialization: All Other > $1 Billion
    Total Offices: 6,310

Cadence Bank, N.a. - 7 Branches


    Bank Assets: $49.2m
    Industry Specialization: Commercial Lending
    Total Offices: 98

Compass Bank - 7 Branches


    Bank Assets: $528.4m
    Industry Specialization: Commercial Lending
    Total Offices: 675

Pnc Bank, National Association - 7 Branches


    Bank Assets: $2.2b
    Industry Specialization: Commercial Lending
    Total Offices: 2,821

Branch Banking And Trust Company - 7 Branches


    Bank Assets: $1.2b
    Industry Specialization: Commercial Lending
    Total Offices: 1,843

Synovus Bank - 5 Branches


    Bank Assets: $131.6m
    Industry Specialization: Commercial Lending
    Total Offices: 270

Woodforest National Bank - 5 Branches


    Bank Assets: $20.8m
    Industry Specialization: Commercial Lending
    Total Offices: 763

Cb&s Bank, Inc. - 5 Branches


    Bank Assets: $7.4m
    Industry Specialization: All Other > $1 Billion
    Total Offices: 55

Bancorpsouth Bank - 4 Branches


    Bank Assets: $51.9m
    Industry Specialization: Commercial Lending
    Total Offices: 259

(updated 2014)



Salary Income in Madison County, Alabama (1999)

With Wage Or Salary Income

81.05%

No Wage Or Salary Income

18.95%

(updated 2010)



Self-Employment Income in Madison County, Alabama (1999)

With Self-employment Income

10.87%

No Self-employment Income

89.13%

(updated 2010)



Airports Near Madison County, Alabama

  • Redstone AAF


    (about 6.6 miles in Huntsville, Alabama; Airport Code: HUA)

  • Madison County Executive/Tom Sharp Jr. Field


    (about 9.2 miles in Meridianville, Alabama; Airport Code: AL3)

  • Huntsville International-Carl T Jones Field


    (about 12.4 miles in Huntsville, Alabama; Airport Code: HSV)

  • Pryor Field Regional


    (about 21.0 miles in Tanner, Alabama; Airport Code: DCU)

  • Abernathy Field


    (about 39.5 miles in Pulaski, Tennessee; Airport Code: TN4)

  • Albertville Regional-Thomas J Brumlik Field


    (about 39.5 miles in Albertville, Alabama; Airport Code: AL1)

  • Winchester Municipal


    (about 41.5 miles in Winchester, Tennessee; Airport Code: TN7)

  • Northern


    (about 48.8 miles in Arnold Afb, Tennessee; Airport Code: THA)

  • Tullahoma Regional Airport/William Northern Field


    (about 48.8 miles in Arnold Afb, Tennessee; Airport Code: THA)

  • Franklin County


    (about 51.0 miles in Sewanee, Tennessee; Airport Code: UOS)

  • Lawrenceburg-Lawrence County


    (about 51.5 miles in Ethridge, Tennessee; Airport Code: LWF)

  • Arnold AFB


    (about 53.8 miles in Manchester, Tennessee; Airport Code: TUH)

  • Ellington


    (about 55.0 miles in Lewisburg, Tennessee; Airport Code: TN3)

  • Bomar Field-Shelbyville Municipal


    (about 57.9 miles in Shelbyville, Tennessee; Airport Code: SYI)

  • Northwest Alabama Regional


    (about 58.0 miles in Muscle Shoals, Alabama; Airport Code: MSL)

  • Northeast Alabama Regional


    (about 59.6 miles in Gadsden, Alabama; Airport Code: GAD)

  • Gadsen Municipal


    (about 59.6 miles in Gadsden, Alabama; Airport Code: GAD)

  • Marion County Brown Field


    (about 61.2 miles in Jasper, Tennessee; Airport Code: APT)

  • Maury County


    (about 66.0 miles in Mount Pleasant, Tennessee; Airport Code: MRC)

  • Barwick Lafayette


    (about 73.8 miles in La Fayette, Georgia; Airport Code: GA1)


(updated 2015)



Modes of Transportation in Madison County, Alabama

Car, Truck, Or Van:

 

Drove Alone

83.95%

Carpooled

11.29%

Public Transportation:

 

Bus Or Trolley Bus

0.22%

Streetcar Or Trolley Car

0.0%

Subway Or Elevated

0.00%

Railroad

0.0%

Ferryboat

0.03%

Taxicab

0.11%

Motorcycle

0.06%

Bicycle

0.10%

Walked

1.34%

Other Means

0.56%

Worked At Home

2.34%



(updated 2010)



Most Common Occupations in Madison County, Alabama

Male:

 

Management, Professional, And Related Occupations:

 

Management, Business, And Financial Operations Occupations:

 

Management Occupations, Except Farmers And Farm Managers

6.03%

Farmers And Farm Managers

0.16%

Business And Financial Operations Occupations:

 

Business Operations Specialists

1.49%

Financial Specialists

0.85%

Professional And Related Occupations:

 

Computer And Mathematical Occupations

4.20%

Architecture And Engineering Occupations:

 

Architects, Surveyors, Cartographers, And Engineers

5.25%

Drafters, Engineering, And Mapping Technicians

1.03%

Life, Physical, And Social Science Occupations

0.89%

Community And Social Services Occupations

0.59%

Legal Occupations

0.43%

Education, Training, And Library Occupations

1.39%

Arts, Design, Entertainment, Sports, And Media Occupations

0.98%

Healthcare Practitioners And Technical Occupations:

 

Health Diagnosing And Treating Practitioners And Technical Occupations

0.72%

Health Technologists And Technicians

0.22%

Service Occupations:

 

Healthcare Support Occupations

0.16%

Protective Service Occupations:

 

Fire Fighting, Prevention, And Law Enforcement Workers, Including Supervisors

0.87%

Other Protective Service Workers, Including Supervisors

0.58%

Food Preparation And Serving Related Occupations

1.90%

Building And Grounds Cleaning And Maintenance Occupations

1.66%

Personal Care And Service Occupations

0.41%

Sales And Office Occupations:

 

Sales And Related Occupations

5.04%

Office And Administrative Support Occupations

3.03%

Farming, Fishing, And Forestry Occupations

0.14%

Construction, Extraction, And Maintenance Occupations:

 

Construction And Extraction Occupations:

 

Supervisors, Construction And Extraction Workers

0.45%

Construction Trades Workers

3.52%

Extraction Workers

0.02%

Installation, Maintenance, And Repair Occupations

3.03%

Production, Transportation, And Material Moving Occupations:

 

Production Occupations

5.02%

Transportation And Material Moving Occupations:

 

Supervisors, Transportation And Material Moving Workers

0.12%

Aircraft And Traffic Control Occupations

0.10%

Motor Vehicle Operators

2.04%

Rail, Water And Other Transportation Occupations

0.13%

Material Moving Workers

1.46%

Female:

 

Management, Professional, And Related Occupations:

 

Management, Business, And Financial Operations Occupations:

 

Management Occupations, Except Farmers And Farm Managers

3.48%

Farmers And Farm Managers

0.04%

Business And Financial Operations Occupations:

 

Business Operations Specialists

1.34%

Financial Specialists

1.29%

Professional And Related Occupations:

 

Computer And Mathematical Occupations

1.87%

Architecture And Engineering Occupations:

 

Architects, Surveyors, Cartographers, And Engineers

0.69%

Drafters, Engineering, And Mapping Technicians

0.27%

Life, Physical, And Social Science Occupations

0.36%

Community And Social Services Occupations

0.67%

Legal Occupations

0.30%

Education, Training, And Library Occupations

4.49%

Arts, Design, Entertainment, Sports, And Media Occupations

0.94%

Healthcare Practitioners And Technical Occupations:

 

Health Diagnosing And Treating Practitioners And Technical Occupations

2.18%

Health Technologists And Technicians

1.18%

Service Occupations:

 

Healthcare Support Occupations

1.15%

Protective Service Occupations:

 

Fire Fighting, Prevention, And Law Enforcement Workers, Including Supervisors

0.07%

Other Protective Service Workers, Including Supervisors

0.24%

Food Preparation And Serving Related Occupations

2.44%

Building And Grounds Cleaning And Maintenance Occupations

1.11%

Personal Care And Service Occupations

1.83%

Sales And Office Occupations:

 

Sales And Related Occupations

5.51%

Office And Administrative Support Occupations

10.22%

Farming, Fishing, And Forestry Occupations

0.03%

Construction, Extraction, And Maintenance Occupations:

 

Construction And Extraction Occupations:

 

Supervisors, Construction And Extraction Workers

0.01%

Construction Trades Workers

0.16%

Extraction Workers

0.00%

Installation, Maintenance, And Repair Occupations

0.29%

Production, Transportation, And Material Moving Occupations:

 

Production Occupations

3.18%

Transportation And Material Moving Occupations:

 

Supervisors, Transportation And Material Moving Workers

0.05%

Aircraft And Traffic Control Occupations

0.00%

Motor Vehicle Operators

0.36%

Rail, Water And Other Transportation Occupations

0.01%

Material Moving Workers

0.33%


(updated 2010)



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