Gadsden, a town in Alabama, has a population of approximately 36,000. Retirees can expect to feel welcome, as they account for 18% of the population compared to 14% nationally. The majority of Gadsden residents own their homes, and 39% of residents rent. With a relatively low average rent of $594 a month in the city, renting remains an affordable option, particularly compared to other cities in Alabama. Over the course of a year, renters in Gadsden will save around $2,600 compared to the state average.
Compared to the national average, Gadsden has a relatively large concentration of residents older than 25 who have earned a high school degree or GED (22%). In addition, 6% have a Bachelor's degree and 3% possess a Master's or Doctoral degree. Many Gadsden residents work in one of two industries: manufacturing and healthcare. Combined, these industries make up 14% of the labor force in the city. Meanwhile, in terms of job function, many of the city's workers are in transportation, as 7% of the city's population reports this as their field of work, the highest number of any career path. With an average annual income of just over $43,000, Gadsden workers earn less than their peers elsewhere in the state. Gadsden's average income also falls below the national average of $73,345.
With an average commute time of about 22 minutes, outperforming most cities in Alabama, Gadsden residents are well aware that traveling to work isn't overly time-consuming. Driving is the prevailing mode of getting to work, selected by 35% of commuters, while public transportation isn't widely used. Few residents commute to work on foot.
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