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Economy, jobs and prices in Hoover, Alabama: official figures

The median household income in Hoover was $109,253 a year in the 2020-2024 American Community Survey (in 2024 dollars), 166th highest of 823 US cities of 50,000 or more; the US median was $80,734 and the Alabama median $63,999.

Median household income
$109,253
2020-2024
Unemployment rate (ACS)
3.5%
2020-2024
Mean travel time to work
25.2 min
2020-2024
Median gross rent (monthly)
$1,457
2020-2024
Median home value (owner-occupied)
$412,200
2020-2024
Homes occupied by their owners
71.1%
2020-2024
Households with a broadband subscription
96.4%
2020-2024

What is the per capita income in Hoover?

Income per resident (per capita income) in Hoover averaged $57,551 a year in 2020-2024, 136th highest of 823 US cities of 50,000 or more (US: $44,673; Alabama: $36,087).

Source: U.S. Census Bureau · saved copy

How unequal are incomes in Hoover?

Hoover's Gini index of household income inequality was 0.447 in 2020-2024 (0 means equal incomes, 1 maximum inequality), 407th most unequal of 823 US cities of 50,000 or more; the US figure was 0.483.

Source: U.S. Census Bureau · saved copy

What is the unemployment rate in Hoover, Alabama?

3.5% of the civilian labor force in Hoover was unemployed on average over 2020-2024 (1,740 people), 94th lowest of 823 US cities of 50,000 or more; the US rate in the same survey was 5.2% and Alabama's 4.7%.

Source: U.S. Census Bureau · saved copy

What share of people in Hoover are working?

68.5% of Hoover's 72,773 residents aged 16 and over were in the labor force (working or looking for work) in 2020-2024, 242nd highest of 823 US cities of 50,000 or more (US: 63.5%).

Source: U.S. Census Bureau · saved copy

How many people in Hoover have jobs?

47,992 residents of Hoover held civilian jobs, 65.9% of those aged 16 and over (US: 59.7%), and 125 served in the armed forces.

Source: U.S. Census Bureau · saved copy

What are the main industries in Hoover?

The largest industry group for working residents of Hoover was education, health care and social assistance (27.6% of employed residents), followed by professional, scientific, management and administrative services (11.8%) and finance, insurance and real estate (11.1%), 2020-2024.

Source: U.S. Census Bureau · saved copy

How many people in Hoover work in manufacturing?

Manufacturing employed 8.1% of working residents of Hoover, 351st lowest of 823 US cities of 50,000 or more (US: 9.9%); professional, scientific and management services employed 11.8% (US: 12.6%).

Source: U.S. Census Bureau · saved copy

How long is the commute in Hoover, Alabama?

Commuters in Hoover took 25.2 minutes on average to get to work in 2020-2024, 374th longest of 823 US cities of 50,000 or more (US: 26.4 minutes); 4.7% travelled an hour or more and 19.2% less than 15 minutes.

Source: U.S. Census Bureau · saved copy

How do people in Hoover get to work?

16.1% of workers living in Hoover worked from home in 2020-2024, 317th highest of 823 US cities of 50,000 or more (US: 15.1%). 75.7% drove to work alone, 7.0% carpooled, 0.0% used public transport and 0.6% walked.

Source: U.S. Census Bureau · saved copy

What is the average rent in Hoover, Alabama?

The median gross rent (rent plus utilities) in Hoover was $1,457 a month in 2020-2024, 348th lowest of 823 US cities of 50,000 or more (US: $1,413; Alabama: $1,007).

Source: U.S. Census Bureau · saved copy

How much does a house cost in Hoover?

Owner-occupied homes in Hoover had a median value of $412,200 in 2020-2024 as estimated by their owners, 380th highest of 823 US cities of 50,000 or more (US: $332,700; Alabama: $209,900).

Source: U.S. Census Bureau · saved copy

How affordable are homes in Hoover?

The median home value in Hoover was 3.8 times the median household income, 261st lowest of 823 US cities of 50,000 or more (US: 4.1 times).

Source: U.S. Census Bureau · saved copy

What share of people in Hoover, Alabama own their home?

71.1% of the 37,002 occupied homes in Hoover were lived in by their owners in 2020-2024 and 10,680 were rented, 144th highest of 823 US cities of 50,000 or more for home ownership (US: 65.2%; Alabama: 70.2%).

Source: U.S. Census Bureau · saved copy

What share of homes in Hoover have broadband?

96.4% of households in Hoover had a broadband internet subscription of some type in 2020-2024, 83rd highest of 823 US cities of 50,000 or more (US: 91.0%; Alabama: 87.5%).

Source: U.S. Census Bureau · saved copy

How many households in Hoover have no internet?

2.2% of households in Hoover (796) had no internet access at home in 2020-2024, 94th lowest of 823 US cities of 50,000 or more (US: 6.5%); 6.2% relied on a cellular data plan alone (US: 11.5%).

Source: U.S. Census Bureau · saved copy

How Hoover compares with other cities in the United States

Median household income (2024 dollars) (2020-2024)

Hoover ranks 166 of 823, highest first.

RankCityMedian household income (2024 dollars)
163Shawnee$109,940
164Washington$109,870
165San Marcos$109,377
166Hoover$109,253
167Corona$109,242
168New Rochelle$109,167
169Tigard$108,823
Source: U.S. Census Bureau · saved copy

Per capita income (2024 dollars) (2020-2024)

Hoover ranks 136 of 823, highest first.

RankCityPer capita income (2024 dollars)
133Palm Desert$57,858
134Rochester Hills$57,833
135Fishers$57,737
136Hoover$57,551
137Arcadia$57,549
138Cedar Park$57,496
139Camarillo$57,383
Source: U.S. Census Bureau · saved copy

Gini index of household income inequality (2020-2024)

Hoover ranks 407 of 823, highest first.

RankCityGini index of household income inequality
404Cedar Rapids0.447
405Tempe0.447
406Abilene0.447
407Hoover0.447
408Columbus0.447
409Elyria0.447
410Fayetteville0.446
Source: U.S. Census Bureau · saved copy

Unemployment rate (share of civilian labor force) (2020-2024)

Hoover ranks 730 of 823, highest first.

RankCityUnemployment rate (share of civilian labor force)
727Midland3.5%
728Maple Grove3.5%
729Gilbert3.5%
730Hoover3.5%
731Blue Springs3.5%
732Arlington Heights3.5%
733Appleton3.5%
Source: U.S. Census Bureau · saved copy

Labor force participation rate (16 and over) (2020-2024)

Hoover ranks 242 of 823, highest first.

RankCityLabor force participation rate (16 and over)
239Fort Worth68.6%
240Waltham68.5%
241Weymouth Town68.5%
242Hoover68.5%
243Virginia Beach68.5%
244Lexington68.4%
245Summerville68.4%
Source: U.S. Census Bureau · saved copy

Mean travel time to work (minutes) (2020-2024)

Hoover ranks 374 of 823, highest first.

RankCityMean travel time to work (minutes)
371Sacramento25.3
372Apex25.2
373Fort Myers25.2
374Hoover25.2
375Bradenton25.2
376Lee's Summit25.2
377Collierville25.1
Source: U.S. Census Bureau · saved copy

Workers who worked from home (2020-2024)

Hoover ranks 317 of 823, highest first.

RankCityWorkers who worked from home
314Aurora16.1%
315Bozeman16.1%
316Provo16.1%
317Hoover16.1%
318Oceanside16.0%
319Miami16.0%
320North Richland Hills16.0%
Source: U.S. Census Bureau · saved copy

Workers commuting by public transportation (2020-2024)

Hoover ranks 797 of 823, highest first.

RankCityWorkers commuting by public transportation
794Goose Creek0.0%
795Tyler0.0%
796Noblesville0.0%
797Hoover0.0%
798Broken Arrow0.0%
799Burleson0.0%
800Carmel0.0%
Source: U.S. Census Bureau · saved copy

Employed residents working in manufacturing (2020-2024)

Hoover ranks 473 of 823, highest first.

RankCityEmployed residents working in manufacturing
470Prescott Valley8.2%
471Wylie8.2%
472Saratoga Springs8.2%
473Hoover8.1%
474Richardson8.1%
475Texas City8.1%
476Visalia8.1%
Source: U.S. Census Bureau · saved copy

Employed residents in education, health care and social assistance (2020-2024)

Hoover ranks 132 of 823, highest first.

RankCityEmployed residents in education, health care and social assistance
129Spokane27.6%
130Upland27.6%
131Portland27.6%
132Hoover27.6%
133Great Falls27.6%
134McAllen27.5%
135Columbia27.5%
Source: U.S. Census Bureau · saved copy

Median gross rent per month (2020-2024)

Hoover ranks 476 of 823, highest first.

RankCityMedian gross rent per month
473Passaic$1,465
474Santa Fe$1,463
475Smyrna$1,461
476Hoover$1,457
477Yuba City$1,454
478Lenexa$1,454
479Madison$1,453
Source: U.S. Census Bureau · saved copy

Median value of owner-occupied homes (2020-2024)

Hoover ranks 380 of 823, highest first.

RankCityMedian value of owner-occupied homes
377Nashville$413,600
378Overland Park$413,600
379Prescott Valley$413,200
380Hoover$412,200
381Rockwall$411,700
382Danbury$411,200
383Plainfield$410,800
Source: U.S. Census Bureau · saved copy

Median home value as a multiple of median household income (2020-2024)

Hoover ranks 560 of 820, highest first.

RankCityMedian home value as a multiple of median household income
557Apple Valley3.8x
558Albany3.8x
559Bethlehem3.8x
560Hoover3.8x
561Stonecrest3.8x
562Waukesha3.8x
563South Fulton3.8x
Source: U.S. Census Bureau · saved copy

Occupied homes lived in by their owners (2020-2024)

Hoover ranks 144 of 823, highest first.

RankCityOccupied homes lived in by their owners
141Ankeny71.3%
142Noblesville71.2%
143Taylorsville71.2%
144Hoover71.1%
145Warren71.1%
146Pasco70.9%
147Lake Elsinore70.9%
Source: U.S. Census Bureau · saved copy

Households with a broadband subscription (2020-2024)

Hoover ranks 83 of 823, highest first.

RankCityHouseholds with a broadband subscription
80Rocklin96.5%
81Lewisville96.4%
82Bothell96.4%
83Hoover96.4%
84Encinitas96.4%
85Upland96.4%
86League City96.4%
Source: U.S. Census Bureau · saved copy

Households with no internet access (2020-2024)

Hoover ranks 730 of 823, highest first.

RankCityHouseholds with no internet access
727Bozeman2.2%
728Fort Collins2.2%
729League City2.2%
730Hoover2.2%
731Sandy2.2%
732Sunnyvale2.1%
733Gilroy2.1%
Source: U.S. Census Bureau · saved copy

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Sources

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