Baldwin County · Alabama · South · 24k residents
Foley, AL: economy, jobs & business costs
The site-selection read on Foley: labor costs, talent, corporate tax, energy, and business activity, with the Alabama median as the yardstick. Compare it live against any of 3,000 US cities.
Data coverage: ACS place data; supplementary fields may use state estimates.
Average weekly wages in the surrounding labor market run $1,027/wk. Alabama's corporate income tax rate is 6.5%. Commercial electricity averages 13.6¢/kWh.
Compare Foley side by side
Avg. weekly wage
$1,027/wk
Corporate income tax
6.5%
Bachelor's degree or higher
24.6%
Commercial electricity
13.6¢/kWh
Economic momentum
How fast Foley's economy is moving, ranked against the US cities we track.
56/100
Steady
Ranks Foley's residential building-permit and jobs growth against the US cities we cover. The label is relative pace, not a direction, so a market can rank low while some figures still rise. A higher score moves faster, it is not cheaper or better. This is economic activity, not commercial lease rates or vacancy. Not investment or relocation advice.
| ACS median home value | $289,300 |
| Price per sq. ft. | $150 |
| Property tax rate | 0.4% |
| 1-bedroom rent | $1,068/mo |
| 2-bedroom rent | $1,189/mo |
| State & local income tax | 4.41% |
| Sales tax | 9.3% |
| Corporate income tax | 6.5% |
| Avg. weekly wage | $1,027/wk |
| Bachelor's degree or higher | 24.6% |
| Commercial electricity | 13.6¢/kWh |
| Businesses per 1k residents | 36.0/1k |
| Wage: Software developer | $121,320 |
| Wage: Registered nurse | $79,450 |
| Wage: General manager | $100,260 |
| Wage: Customer service | $37,820 |
| Wage: Warehouse worker | $34,770 |
| Wage: Heavy truck driver | $47,560 |
| Wage: Electrician | $50,840 |
| Wage: Retail salesperson | $29,600 |
| Cost of living index | 87 |
| Groceries index | 97 |
| Utilities | $190/mo |
| Transit pass | $45/mo |
| Gas price | $2.95/gal |
| Healthcare index | 92 |
| Childcare (per child) | $750/mo |
| Median household income | $66,336 |
| Unemployment rate | 2.9% |
| Population | 24k |
| Crime index | 55/100 |
| School rating | 4.3/10 |
| Walkability | 30/100 |
| Disaster risk | 97/100 |
| Avg. commute | 25 min |
| Sunny days / year | 215 days |
| July high | 90°F |
| January low | 39°F |
| Annual snowfall | 0 in |
| Home price YoY | -1.8% |
| Home price MoM | -0.3% |
| Rent YoY | +0.1% |
| Rent MoM | 0.0% |
| Employment (jobs) YoY | +3.3% |
| Building permits YoY | -70.4% |
| Ocean coast | 10 mi |
| Big lake | 145 mi |
| Mountains | 240 mi |
| Major airport | 156 mi |
| Ski resort | 438 mi |
Nearby
- Gulf Shores, AL · 16k
- Fairhope, AL · 24k
- Daphne, AL · 29k
- Mobile, AL · 203k
- Tillmans Corner, AL · 18k
Similar size
- Pelham, AL · 25k
- Albertville, AL · 23k
- Bessemer, AL · 25k
- Oxford, AL · 22k
- Mountain Brook, AL · 22k
Real listings in Foley
LoopNet ↗Crexi ↗CommercialCafe ↗
Links open third-party listing searches. WhereToHQ has no paid relationship with these sites.
- Is Foley a good place to run a business?
- Alabama's corporate income tax rate is 6.5%; average weekly wages in the surrounding labor market run $1,027/wk; commercial electricity averages 13.6¢/kWh. Weigh these against your own priorities in the business comparison tool.
- What is the cost of living in Foley, AL?
- Foley indexes at 87 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $1,189/mo and a acs median home value of $289,300.
- How much does a house cost in Foley?
- The acs median home value in Foley is $289,300 (Census ACS estimate; individual listings vary).
- How much is rent in Foley?
- A two-bedroom in Foley rents for about $1,189/mo.