Mobile Economic Metrics

Wage Growth

Hourly Wage Growth from 2021 Q3 – 2023 Q4. Source: JobsEQ
Quarter Over Quarter Wage Growth from 2021 Q3 – 2023 Q4. Source: JobsEQ

2023 Home Sales

New vs. Existing Home Sales
2023 Home Sales. Source: SABRE
New vs. Existing Home Prices
2023 Home Sales. Source: SABRE

Tourism by the Numbers

Travel-Related Employment
Travel-Related Employment 2014–2023. Source: Alabama Tourism
Earnings vs. Visitors
Travel-Related Earnings vs. Visitors 2014–2023. Source: Alabama Tourism

Cost of Living

Cost of Living
Mobile's Cost of Living is 13.3% less than the National Average and 2.2% less than Alabama's. Therefore, Mobile's median wage has a higher purchasing power.