Foley, AL Economy


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Foley, AL is a city located in Baldwin County and is home to about 17,000 people. It offers a lower cost of living compared to the US average, with the median 2 bedroom rent being over 25% lower than the US average at $1,010. Similarly, Foley's Grocery Cost Index is 96 versus 100 in the US. Notable local companies include Copeland Sausage Company, AltaPointe Health Systems and Marlowe Companies. The city also boasts a 3 mile long beach boardwalk along its Gulf shoreline that showcases many local restaurants and attractions for visitors and locals alike.

Foley has an unemployment rate of 2.9%. The US average is 6.0%.

Foley has seen the job market increase by 3.3% over the last year. Future job growth over the next ten years is predicted to be 43.8%, which is higher than the US average of 33.5%.

Tax Rates for Foley
- The Sales Tax Rate for Foley is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Foley is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Foley
- The average income of a Foley resident is $24,426 a year. The US average is $28,555 a year.
- The Median household income of a Foley resident is $53,817 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFoley, AlabamaUnited States
  2.96
  -3.6%-6.2%
  43.8%33.5%
  10.0%6.2%
  5.0%4.6%
  $30,239$37,638
  $53,817$69,021
  $68,269$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  10.9%6.8%
  7.0%10.0%
  0.7%2.5%
  10.4%11.0%
  2.8%4.8%
  1.5%0.8%
  0.5%1.9%
  2.5%4.7%
  6.5%1.9%
  6.1%7.6%
  0.0%0.1%
  5.9%4.2%
  5.5%9.3%
  6.2%14.0%
  2.4%2.1%
  16.9%7.0%
  8.0%4.8%
  6.2%4.7%
Reviews for Foley
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Over 3 years ago

I have lived here for a little over a year. I had imagined this would be a small town with some sense of community, but it seems entirely geared toward becoming a second  More

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My husband and I have lived here for over a year and it is hands down my least favorite place I’ve ever lived. We are prior military and have lived in many incredible  More

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Lovely place to live for retirees however traffic is getting bad as it is quickly turning into quite a tourist destination. The city has a darling downtown area as well  More

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