The 10 Richest Cities In Alabama For 2021


We analyzed 103 places in Alabama to determine where the 1% live.

Editor’s Note: Data has been updated for 2021. This is our seventh time ranking the richest cities in Alabama.

Sweet home Alabama, I'm coming home to you -- with bags full of cash.

That is, if I live in one of the ten richest places in the Heart of Dixie.

If you already live in one of the wealthiest cities in Alabama, then kudos on your success. But if you're looking to break into the big league in this southern gem, look no further than our list of top ten richest places in Alabama.

So how did we come to a final tally on the state's havens of wealth? We poured over the Census data from the American Community Survey for 104 Alabama cities with 5,000. After cutting the numbers down to the more populous locales, we then looked at various statistics like unemployment, poverty rates, and median income and assigned weights and values for each of these factors. Unsurprisingly, there was a good amount of overlap between Alabama's richest cities and its best and safest cities, especially in the upper echelon.

If you want to live in a spot that ticks all the boxes, then you'll want to check out the Birmingham 'burbs of Mountain Brook or Vestavia Hills. You'll need a private jet to get to the Crimson Tide home game if you're coming from Spanish Fort, but you may just be able to afford it if you're living there. The great news about Alabama's hotspots of wealth is that 8/10 of these cities have a median household income under $100,000/year, so living in the rarefied air of the 1% might be a much more achievable goal than it is in many other states.

So want to know where the richest of the rich reside in Alabama? Grab some grits and gravy with a side of caviar and champagne and read on.

Here are the 10 richest places in Alabama for 2021:

  1. Mountain Brook
  2. Pike Road
  3. Vestavia Hills
  4. Helena
  5. Spanish Fort
  6. Trussville
  7. Homewood
  8. Calera
  9. Hoover
  10. Pelham

So how exactly did we determine which places in Alabama have the most going on monetarily? In order to narrow down the richest cities in Alabama, we looked at a number of factors: poverty rate, median household income, and unemployment rate. The cities also had to have a population of at least 5,000.

That left us with 104 cities to score. What's the wealthiest city in Alabama? According to the data, Mountain Brook is the winner of this title for 2021.

So if you care about living in a place with low poverty, great job opportunities, and rich residents, look no further than the list below. The Heart of Dixie is calling.

Rich people not your cup of tea? Feel free to check out some more reading about Alabama:

The 10 Richest Cities In Alabama For 2021

1. Mountain Brook

Mountain Brook, AL

Overall SnackAbility

10
/10

Population: 20,436
Rank Last Year: 1 (No Change)
Median Income: $152,355
Unemployment Rate: 1.7%
Poverty Rate: 3.0%
More on Mountain Brook: Real Estate | Photos

2. Pike Road

Pike Road, AL

Overall SnackAbility

7
/10

Population: 9,320
Rank Last Year: 3 (Up 1)
Median Income: $102,734
Unemployment Rate: 2.5%
Poverty Rate: 3.2%
More on Pike Road: Real Estate | Photos

3. Vestavia Hills

Vestavia Hills, AL

Overall SnackAbility

10
/10

Population: 34,307
Rank Last Year: 2 (Down 1)
Median Income: $109,485
Unemployment Rate: 2.0%
Poverty Rate: 3.9%
More on Vestavia Hills: Real Estate | Photos

4. Helena

Helena, AL

Overall SnackAbility

6
/10

Population: 18,463
Rank Last Year: 4 (No Change)
Median Income: $87,781
Unemployment Rate: 1.2%
Poverty Rate: 3.9%
More on Helena: Real Estate | Photos

5. Spanish Fort

Spanish Fort, AL

Overall SnackAbility

8
/10

Population: 8,601
Rank Last Year: 7 (Up 2)
Median Income: $83,913
Unemployment Rate: 1.7%
Poverty Rate: 4.9%
More on Spanish Fort: Real Estate | Photos

6. Trussville

Trussville, AL

Overall SnackAbility

8.5
/10

Population: 21,876
Rank Last Year: 6 (No Change)
Median Income: $97,226
Unemployment Rate: 3.3%
Poverty Rate: 5.2%
More on Trussville: Real Estate | Photos

7. Homewood

Homewood, AL

Source: Public domain
Overall SnackAbility

8.5
/10

Population: 25,534
Rank Last Year: 13 (Up 6)
Median Income: $84,157
Unemployment Rate: 2.7%
Poverty Rate: 7.6%
More on Homewood: Real Estate | Photos

8. Calera

Calera, AL

Overall SnackAbility

8
/10

Population: 13,856
Rank Last Year: 9 (Up 1)
Median Income: $61,594
Unemployment Rate: 0.8%
Poverty Rate: 5.3%
More on Calera: Real Estate | Photos

9. Hoover

Hoover, AL

Overall SnackAbility

7.5
/10

Population: 85,175
Rank Last Year: 10 (Up 1)
Median Income: $89,452
Unemployment Rate: 3.3%
Poverty Rate: 6.2%
More on Hoover: Real Estate | Photos

10. Pelham

Pelham, AL

Overall SnackAbility

8
/10

Population: 23,428
Rank Last Year: 11 (Up 1)
Median Income: $80,510
Unemployment Rate: 3.4%
Poverty Rate: 5.2%
More on Pelham: Real Estate | Photos

How We Determined The Richest Places In Alabama For 2021

Map Of The Richest Places To Live In Alabama
The first thing that comes to most people's minds when they think about determining the richest places is to simply identify personal incomes. After all, rich people have really high salaries.

However, we don't believe that one statistic wholly encompasses what it means to be one of the "richest places". So we looked at this set of criteria from the newly released 2015-2019 American Community Survey:

  • Poverty Level
  • Median Household Income
  • Unemployment Rate

Median household income is the most digestible way to understand how rich a place really is. The unemployment rate tries to capture the prospects for more people to become rich. If more people are employed, the richer the future looks.

After we collected the data for all 104 places with more than 5,000 people in Alabama, we ranked each place from 1 to 104 for each of the criteria, with 1 being the richest.

We then averaged all the rankings for a place into a "Rich Score" with the place having the lowest overall Rich Score, Mountain Brook, crowned the "Richest City In Alabama For 2021". You can download the data here.

You can learn more about the top ten below or skip to the end to see the rankings for all 104 places.

There You Have It - The Wealthiest Places In Alabama For 2021

Like we said earlier, when we set out to identify the richest places in Alabama, we weren't sure what we'd encounter, but it ended up being some of the best places to live in Alabama.

When you look at the data, the cities and places mentioned above meet the criteria for being at the very top of the income ladder for everyone that lives there.

If you're curious enough, here are the poorest cities in Alabama, according to data:

Poorest: Atmore
2nd Poorest: Selma
3rd Poorest: Prichard

For more Alabama reading, check out:

Detailed List Of The Richest Cities In Alabama

Rank City RichScore Median Income
1 Mountain Brook 1.67 $152,355
2 Pike Road 4.33 $102,734
3 Vestavia Hills 4.33 $109,485
4 Helena 4.67 $87,781
5 Spanish Fort 7.0 $83,913
6 Trussville 10.67 $97,226
7 Homewood 12.0 $84,157
8 Calera 13.33 $61,594
9 Hoover 13.33 $89,452
10 Pelham 14.33 $80,510
11 Clay 14.33 $74,387
12 Southside 15.0 $72,687
13 Madison 15.67 $99,188
14 Orange Beach 16.0 $81,883
15 Chelsea 16.0 $97,727
16 Pinson 21.67 $69,764
17 Leeds 22.67 $60,863
18 Fultondale 23.33 $62,825
19 Millbrook 23.33 $62,839
20 Muscle Shoals 23.67 $60,629
21 Fairhope 24.0 $75,197
22 Pleasant Grove 24.0 $70,526
23 Alabaster 24.33 $80,072
24 Gardendale 25.33 $72,351
25 Daphne 26.33 $71,882
26 Moody 26.33 $63,607
27 Hartselle 27.0 $59,697
28 Oxford 34.33 $57,887
29 Valley 35.33 $47,747
30 Glencoe 35.33 $60,290
31 Saraland 35.67 $60,633
32 Gulf Shores 36.67 $53,476
33 Northport 37.0 $59,836
34 Prattville 37.33 $61,110
35 Rainbow City 40.33 $50,547
36 Semmes 41.0 $49,234
37 Irondale 43.67 $56,445
38 Cullman 44.33 $48,712
39 Hueytown 44.33 $51,519
40 Enterprise 44.67 $62,695
41 Lincoln 44.67 $64,924
42 Smiths Station 45.0 $51,235
43 Tuscumbia 45.33 $44,088
44 Russellville 46.33 $43,358
45 Pell City 47.0 $54,674
46 Satsuma 47.33 $64,348
47 Attalla 47.33 $39,247
48 Huntsville 47.67 $55,305
49 Albertville 48.0 $45,867
50 Opelika 48.33 $48,459
51 Robertsdale 48.67 $43,906
52 Scottsboro 50.0 $42,651
53 Arab 51.67 $46,517
54 Oneonta 52.0 $39,669
55 Boaz 52.0 $40,551
56 Foley 53.0 $43,614
57 Athens 54.67 $53,165
58 Jasper 55.67 $49,201
59 Decatur 56.0 $48,429
60 Roanoke 57.33 $42,069
61 Guntersville 58.0 $45,198
62 Montevallo 59.0 $49,650
63 Wetumpka 60.0 $42,820
64 Auburn 60.67 $47,318
65 Dothan 62.33 $47,081
66 Florence 62.67 $40,526
67 Montgomery 63.0 $48,011
68 Hamilton 64.67 $39,357
69 Mobile 66.33 $42,321
70 Bay Minette 66.67 $38,971
71 Clanton 67.33 $44,782
72 Tuscaloosa 69.67 $45,268
73 Daleville 72.33 $41,376
74 Alexander City 72.67 $38,328
75 Phenix City 74.0 $42,089
76 Brewton 74.67 $42,898
77 Ozark 75.67 $41,027
78 Fort Payne 76.0 $40,273
79 Sheffield 76.0 $34,194
80 Chickasaw 77.67 $28,611
81 Rainsville 78.67 $33,295
82 Midfield 79.0 $38,750
83 Andalusia 79.33 $37,708
84 Fairfield 80.67 $40,652
85 Center Point 82.0 $43,515
86 Lanett 83.33 $34,363
87 Opp 83.33 $36,609
88 Greenville 83.67 $38,004
89 Sylacauga 83.67 $36,068
90 Troy 83.67 $31,515
91 Birmingham 86.33 $37,375
92 Jacksonville 86.67 $41,268
93 Gadsden 87.0 $32,642
94 Anniston 90.0 $36,051
95 Demopolis 90.33 $27,279
96 Eufaula 93.0 $33,132
97 Monroeville 94.33 $31,491
98 Bessemer 94.33 $32,301
99 Tuskegee 97.67 $28,016
100 Tarrant 98.0 $30,485

How Is The Area In ?

About Chris Kolmar

Chris Kolmar has been in the real estate business for almost ten years now. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks.

He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move.

If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already.

You can find out more about him on LinkedIn or his website.

0 thoughts on “The 10 Richest Cities In Alabama For 2021

  1. Let me help you out sweetheart. I don’t know who you are or where you are from, nor do I particularly care, but I have to tell you that you are one of the most biased and ignorant people I have ever had the misfortune to read an article by. I suggest you stop hiding behind your “facts” and your “don’t freak out its infotainment” and visit some of these places before you shoot your mouth off. Bless your heart. Have a wonderful life.

Leave a Reply

Your email address will not be published. Required fields are marked *