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 decrease by -3.6% 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 $30,239 a year. The US average is $37,638 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
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
Reviews for Foley
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Over 4 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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