Geneva County, Alabama
Income Data
U.S. Census Bureau ACSAt a Glance
Economic Indicators
How Geneva County Compares
Detailed Income Statistics
Income Advisory: Geneva County
Income Verdict
Geneva County has a median household income of $50,951 and per capita income of $26,880 — a gap of $24,071, suggesting a typical mix of dual-income and single-earner households.
Housing Affordability
With median gross rent at $757/month and a median household income of $50,951, rent consumes approximately 17.8% of monthly income — well within affordable thresholds.
Economic Context
With a median household income of $50,951, residents of Geneva County likely face budget constraints in higher-cost regions but may find cost of living manageable locally. Per capita income of $26,880 suggests below-average individual earnings, which may reflect local employment mix or industrial composition.
Neighbor Context
Geneva County earns approximately 6% below the Alabama state median household income of $54,196.
Data Story
About Household Income in Geneva County, Alabama
Geneva earnings reflect rural disadvantage
Geneva County's median household income of $50,951 trails the U.S. median of $74,755 by 32%, a $23,804 annual shortfall. This gap underscores Geneva's rural economic position within a nationally integrated labor market.
Below state average by 6%
Geneva's $50,951 median income falls 6% below Alabama's state average of $54,196, placing it among the lower-earning Alabama counties. The $3,245 gap reflects local employment and wage structures.
Mid-pack among regional peers
Geneva's $50,951 ranks above Fayette ($50,733) and DeKalb ($51,149) but below Franklin ($51,493) by a slim margin. All four counties cluster within a tight $2,400 income band, suggesting similar economic fundamentals.
Housing costs moderately elevated
Geneva's 17.8% rent-to-income ratio—among the highest in this county group—signals that renters allocate a meaningful portion of paychecks to housing. Median home values of $120,200 remain accessible but require disciplined saving for down payments.
Prioritize emergency savings first
Geneva residents earning $50,951 should build a 3-6 month emergency fund before aggressive investing, given moderate housing pressures. Once that safety net exists, direct surplus income toward employer retirement plans and tax-advantaged savings vehicles.
Frequently Asked Questions
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Income Comparison Calculator
See how your household income compares in Geneva County
Your income is above the Geneva County median
County median: $50,951 per year
vs. County Median
+0%
vs. State Average
-6%
vs. National Median
-32%
Income Adequacy
Your monthly income ($4,246) vs. median rent ($757/mo). A ratio of 3.3x or higher means rent is under 30% of income.
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Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.