Economy in Mobile
Detailed economy data — sourced from authoritative datasets and normalized for direct comparison.
Economy in Mobile, Alabama
Mobile's job market has shown positive growth, with jobs increasing by 1.5% over the past year, and future job growth over the next ten years is predicted to be 27.2%. The average annual salary in Mobile is approximately $54,496, based on a mean hourly wage of $26.20 in May 2024. Key industries driving Mobile's economy include Transportation and Material Moving, which accounts for 14.8% of local employment, and Health Care and Social Services, employing about 13.9% of the workforce. Other significant sectors are Professional, Scientific, and Technical Services, Retail, and Accommodation and Food Services. The unemployment rate in Mobile County was 3.3% in April 2026, indicating a healthy job environment.
Economy & Jobs
Top Industries
About Mobile, Alabama
Mobile, Alabama, founded by the French in 1702, is the oldest city in the state and a vibrant hub on the Gulf Coast. It boasts a rich tapestry of French, Spanish, British, and Creole influences that are evident in its architecture, traditions, and cultural scene. The city maintains an inviting, small-town atmosphere while experiencing economic growth, making it an attractive destination for new residents. Mobile is particularly known as the birthplace of Mardi Gras in America, a tradition celebrated with enthusiasm for over 300 years.
About Alabama
Alabama, a Southeastern U.S. state, is characterized by its rich history, diverse landscapes ranging from the Appalachian foothills to the Gulf Coast, and a strong sense of Southern hospitality. The state's economy is diverse, with major industries including automotive manufacturing, aerospace, advanced manufacturing, technology, bioscience, and agriculture. Living in Alabama generally offers an affordable lifestyle, with the cost of living, particularly housing, being significantly lower than the national average. The climate is humid subtropical, featuring long, hot summers and mild winters with ample precipitation throughout the year, allowing for year-round outdoor activities.