Detailed List Of The Richest Cities In Alabama
| Rank | City | Median Income |
|---|---|---|
| 1 | Mountain Brook | $152,355 |
| 2 | Pike Road | $102,734 |
| 3 | Vestavia Hills | $109,485 |
| 4 | Helena | $87,781 |
Contents
What is the wealthiest city in Alabama?
Mountain Brook
If you want to kick it with Alabama’s wealthiest, there’s only one place to head – Mountain Brook. In terms of median income, Mountain Brook wipes the floor with the competition, with the average household sitting pretty on the mammoth income of $152,355.
Do any billionaires live in Alabama?
• Resides: Abbeville
Lumber magnate Jimmy Rane, who advertises his company Great Southern Wood Preserving by posing as his alter ego Yella Fella, recently took over as Alabama’s wealthiest person.
What is upper class in Alabama?
Alabama’s wealth threshold is $88,984. The state is tied with Arkansas for the fourth-lowest cost of living of all states and it’s also one of the places where you can get a larger home for less than $300,000 – the median price of a top-tier home in Alabama is $246,400.
How many millionaires are there in the state of Alabama?
List
| Rank | State | Number of millionaire households |
|---|---|---|
| 23 | Connecticut | 130,291 |
| 24 | Oregon | 108,858 |
| 25 | South Carolina | 108,812 |
| 26 | Alabama | 94,259 |
What is the poorest city in Alabama?
With a median household income of $9,286 (compared to $44,758 for the state), Oak Hill is the poorest community in Alabama.
Is Alabama a rich state?
Alabama has the 38th-highest per capita income in the United States of America, at $18,189 (2000). Its personal per capita income is $26,338 (2003), the 40th-highest in the country.
Who is the richest woman in Alabama?
Marguerite Harbert
| Marguerite Harbert | |
|---|---|
| Education | Mountain Brook Elementary School Phillips High School |
| Alma mater | Birmingham–Southern College |
| Occupation | Philanthropist |
| Spouse(s) | John M. Harbert |
What is the best city in Alabama to live in?
That the City of Hoover ranked as the best place to live in Alabama. Located just south of Birmingham, the city of Hoover has about 83,000 residents.
Who is the richest person in Athens Alabama?
Alabama’s richest resident is Jimmy Rane, the founder and CEO of Great Southern Wood Preserving, who is worth $900 million, according to Forbes. Rane is one of the few people to make the list who is not a billionaire. The net worth of the individuals on the list varies.
Is Mobile Alabama a poor city?
The poverty rate in Mobile is 22.4%. One out of every 4.5 residents of Mobile lives in poverty. How many people in Mobile, Alabama live in poverty? 41,277 of 184,484 Mobile residents reported income levels below the poverty line in the last year.
What’s a good salary in Alabama?
Average Salary in Alabama
| Annual Salary | Weekly Pay | |
|---|---|---|
| Top Earners | $78,782 | $1,515 |
| 75th Percentile | $64,776 | $1,245 |
| Average | $53,786 | $1,034 |
| 25th Percentile | $43,330 | $833 |
What’s considered middle class in Alabama?
Here are the income levels that qualify Alabamians as middle class: 2-person family middle class income range: $37,172.94 to $110,964. 3-person family middle-class income range: $42,604.63 to $127,178. 4-person family middle-class income range: $52,438.89 to $156,534.
Who is the richest person in Tuscaloosa Alabama?
James Stephens
James Stephens is the Chairman of EBSCO Industries. He was born in Birmingham, Alabama and is a graduate of Yale University and the Harvard Business School. He’s currently 80 years old and is the richest man in Alabama.
Which states have no billionaires?
[W]hen a team of reporters from Forbes magazine went looking for the richest person in every state, they found billionaires in every state except six: Alabama, Alaska, Delaware, New Hampshire, New Mexico and Vermont.
Where is the Black Belt of Alabama?
The Black Belt is a fertile plain, generally 25–30 miles (40–50 km) wide and stretching approximately 300 miles (480 km) across central Alabama and northeastern Mississippi. A region of dark, calcareous soils, it was one of the South’s most important agricultural areas before the American Civil War.
What is the whitest county in Alabama?
Lowndes County
Lowndes County, Alabama
| Lowndes County | |
|---|---|
| Country | United States |
| State | Alabama |
| Founded | January 20, 1830 |
| Named for | William Lowndes |
Is Alabama a poor state?
Alabama is the fifth poorest state in the U.S., and 16.8% of Alabamians live below the federal poverty threshold – a noticeably larger percentage than the national average of 13.1%.
What was the first town in Alabama?
Childersburg, Alabama
Childersburg, Alabama is proclaimed as the Oldest Continually Occupied City in America… dating to 1540. The city’s beginnings date back to Coosa, a village of the Coosa Indian Nation that was located in the area.
Is Alabama rich or poor?
ALABAMA IS THE NATION’S SIXTH POOREST STATE. More than 800,000 of our neighbors – including more than 250,000 children – live below the poverty line. Alabama Possible is a statewide nonprofit organization that removes barriers to prosperity in Alabama through education, collaboration, and advocacy.
Why is Alabama so poor?
Alabama has long been one of the poorest states in the nation. Currently, more than 800,000 Alabamians live below the poverty line. The causes of Alabama poverty are complex and include historical factors like a state constitution that restricts fair and equitable taxation.
