Income & Economy in Bay Minette city, AL (36507)
Median Income
$47,919
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+648
Wealth inflow
Population
20,350
Unemployment
4.5%
0.8pp above US avg
IRS migration statistics show a net inflow of about 648 for ZIP 36507 (Bay Minette city, AL) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.
Historical Trends in 36507 (2020–Present)
Since 2020, population declined 5.8%, median income fell 7.9% (inflation-adjusted), home values increased 4.7%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $47,919 |
| Unemployment | 4.5% |
| Establishments | 341 |
| Employees | 3,902 |