In 2004, this area of Alabama posted an average personal income of $33,067. According to the U.S. Department of Commerce's Bureau of Economic Analysis, the average Greater Birmingham resident earns just about the same as the average American. Average income has grown 7.8% over the past 35 years, just above the national average.
The largest employer in Greater Birmingham include:
- The University of Alabama
- Bellsouth Telecommunications
- Baptist Health
- AmSouth Bank
Those looking for work in Birmingham would increase their chances of employment with degrees in education, healthcare, or business.
Significant changes in the Birmingham employment picture:
- Over the last few years, Greater Birmingham has experienced a wave of bank consolidation. The largest consolidation occured when Wachovia, a national consumer bank, bought out the regional South Trust Bank.
- Greater Birmingham has seen unprecedented growth in the automotive manufacturing category over the last decade. Mercedes, Honda, and Hundai all have growing manufacturing plants in the area.
- The healthcare industry, anchored by the Baptist Health System, also continues to show strong growth in the region.
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