Auburn is a larger medium-sized city located in the state of Alabama. With a population of 82,025 people and 23 associated neighborhoods, Auburn is the seventh largest community in Alabama. Much of the housing stock in Auburn was built relatively recently. The construction of new real estate can often be taken as an indication that the local Auburn economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in Auburn, where the median household income is $56,123.00. Auburn real estate is some of the most expensive in Alabama, although Auburn house values don't compare to the most expensive real estate in the U.S.Auburn is a decidedly white-collar city, with fully 86.19% of the workforce employed in white-collar jobs, well above the national average. Overall, Auburn is a city of professionals, managers, and sales and office workers. There are especially a lot of people living in Auburn who work in teaching (15.83%), management occupations (11.15%), and office and administrative support (8.75%). Also of interest is that Auburn has more people living here who work in computers and math than 95% of the places in the US. One interesting thing about the economy is that relatively large numbers of people worked from their home: 9.67% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes. Auburn is also a major college town with a large number of people who are 18 years or older and attending college. As is often the case in college towns, the many students that live in Auburn have a strong influence on the local culture and entertainment scene, which may seem dormant by comparison in the summer months when much of the student population is away. In the fall, the return of students has a reinvigorating effect on the community. Because colleges are lasting institutions, they have a stabilizing effect on the economy by providing direct local benefits such as jobs for faculty and staff and spending by students. Auburn’s economy is one such example of this. If knowledge is power, Auburn is a pretty powerful place. 62.75% of the adults in Auburn have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns. The per capita income in Auburn in 2022 was $35,416, which is wealthy relative to Alabama, and middle income relative to the rest of the US. This equates to an annual income of $141,664 for a family of four. However, Auburn contains both very wealthy and poor people as well. Auburn is an extremely ethnically-diverse city. The people who call Auburn home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Auburn residents report their race to be White, followed by Black or African-American. Important ancestries of people in Auburn include English, Irish, German, Scottish, and European. The most common language spoken in Auburn is English. Other important languages spoken here include Spanish and Korean.
