Numbers reflect June 2022 over June 2021.
Economic Intel • HOUSING NUMBERS •
• TOURISM UPDATES • YTD (JAN-JUN) ECONOMIC DEVELOPMENT PROJECT ACTIVITY:
HOUSING
BIG
597
NEWS:
$672,372,163 CAPITAL INVESTMENT
12.7%
TOTAL HOME SALES
1,095 ANNOUNCED JOBS
AVERAGE SALE PRICE
47
$253,881 + 42 NEW PROJECTS + 108 ACTIVE PROJECTS
AVERAGE DAYS ON MARKET
AVERAGE SALE PRICE
Source: Alabama Center for Real Estate, Montgomery Area
42% YTD
LODGING TAX
1,217,875
13,750
NUMBER OF PASSENGERS
EMPLOYMENT & LABOR CIVILIAN LABOR FORCE
178,518
70%
EMPLOYED LABOR FORCE
OCCUPANCY RATE
3.5% UNEMPLOYMENT RATE
172,199
Source: Alabama Department of Labor, MGM Metro Area
JUNE 2022
TOP SECTORS
EMPLOYEES GOVERNMENT
43,900
TRADE, TRANSPORTATION, WAREHOUSING & UTILITIES
31,100
PROFESSIONAL AND BUSINESS SERVICES
23,400
EDUCATION & HEALTH SERVICES
19,900
Source: Alabama Department of Labor, MGM Metro Area
94 MONTGOMERY BUSINESS JOURNAL