Waldo, AL

Census Place

2024 Population

239

US Senator

Tommy Tuberville

Republican Party

US Senator

Katie Britt

Republican Party

2024 Median Age

0.167% 1-year increase

2024 Poverty Rate

25.1%

1.74% 1-year decrease

2024 Median Household Income

$29,000

12.5% 1-year decline

2024 Median Property Value

$61,700

Economy

The economy of Waldo, AL employs 72 people. In 2024, the largest industries in Waldo, AL were Retail Trade (16 people), Construction (14 people), and Manufacturing (10 people), and the highest paying industries were Health Care & Social Assistance ($61,250), Transportation & Warehousing, & Utilities ($56,250), and Manufacturing ($33,125).

Employment

Occupations

2024 Value

± 84

−19.1%

1 Year decline

± 189%

From 2023 to 2024, employment in Waldo, AL declined at a rate of −19.1%, from 89 employees to 72 employees.

The most common job groups, by number of people living in Waldo, AL, are Construction & Extraction Occupations (14 people), Office & Administrative Support Occupations (9 people), and Production Occupations (9 people). This chart illustrates the share breakdown of the primary jobs held by residents of Waldo, AL.

Unemployment Insurance Claims

Data is only available at the state level. Showing data for Alabama.

This chart shows weekly unemployment insurance claims in Alabama (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

Industries

Employment by Industries

2024 Value

± 84

−19.1%

1 Year decline

± 189%

From 2023 to 2024, employment in Waldo, AL declined at a rate of −19.1%, from 89 employees to 72 employees.

The most common employment sectors for those who live in Waldo, AL, are Retail Trade (16 people), Construction (14 people), and Manufacturing (10 people). This chart shows the share breakdown of the primary industries for residents of Waldo, AL, though some of these residents may live in Waldo, AL and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$48,750

Median earning men ± $33,449

$19,286

Median earning women ± $7,709

The industries with the best median earnings for men in 2024 are Transportation & Warehousing, & Utilities ($56,250).

The industries with the best median earnings for women in 2024 are Manufacturing ($28,750), Educational Services, & Health Care & Social Assistance ($26,667), and Retail Trade ($7,500).

Housing & Living

The median property value in Waldo, AL was $61,700 in 2024, which is 0.185 times smaller than the national average of $332,700. Between 2023 and 2024 the median property value increased from $59,700 to $61,700, a 3.35% increase. The homeownership rate in Waldo, AL is 76.2%, which is higher than the national average of 65.2%.

People in Waldo, AL have an average commute time of 51.1 minutes, and they drove alone to work. Car ownership in Waldo, AL is lower than the national average, with an average of 1 car per household.

Housing

Property

$61,700

Median Property Value 2024

±$32,191

$93

Median Property Taxes

±$46

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Waldo, AL the largest share of households pay taxes in the < $800 range.

The chart underneath the paragraph shows the property taxes in Waldo, AL compared to it's parent and neighbor geographies.

Rent vs Own

76.2%

Homeownership

2024

71.3%

Homeowners with Mortgage

2024

In 2024, 76.2% of the housing units in Waldo, AL were occupied by their owner. This percentage grew from the previous year's rate of 68.3%.

This chart shows the percentage of owner in Waldo, AL compared it's parent and neighboring geographies.

Equity

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.

$29,000

Median Household Income

± $17,254

122

Number of Households

± 54

In 2024, the median household income of the 122 households in Waldo, AL declined from $29,000 from the previous year's value of $33,125.

The following chart displays the households in Waldo, AL distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the < $10k range.

Wage Distribution

The closest comparable wage GINI for Waldo, AL is from Alabama.

0.454

2024 Wage GINI in Alabama

0.456

2023 Wage GINI in Alabama

In 2024, the income inequality in Alabama was 0.454 according to the GINI calculation of the wage distribution. Income inequality had a 0.411% decline from 2023 to 2024, which means that wage distribution grew somewhat more even. The GINI for Alabama was lower than than the national average of 0.474. In other words, wages are distributed more evenly in Alabama in comparison to the national average.

This chart shows the number of workers in Alabama across various wage buckets compared to the national average.

Transportation

Commuter Transportation

Most Common Commute in 2024

Drove Alone (83.1%)
Carpooled (8.45%)
Other (8.45%)

In 2024, 83.1% of workers in Waldo, AL drove alone to work, followed by those who carpooled to work (8.45%) and those who used some unspecified means to get work (8.45%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

Commute Time

51.1 minutes

Average Travel Time

Using averages, employees in Waldo, AL have a longer commute time (51.1 minutes) than the normal US worker (26.4 minutes). Additionally, 22.5% of the workforce in Waldo, AL have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Waldo, AL compares to that of it's neighboring and parent geographies.

Car Ownership

1 car

Average Number

The following chart displays the households in Waldo, AL distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Waldo, AL have 1 car.

Poverty

Poverty & Diversity

25.1% of the population for whom poverty status is determined in Waldo, AL (57 out of 227 people) live below the poverty line, a number that is higher than the national average of 12.5%. The largest demographic living in poverty are Females 55 - 64, followed by Males 35 - 44 and then Females 25 - 34.

The most common racial or ethnic group living below the poverty line in Waldo, AL is Black, followed by White and Two Or More.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

Social Needs

Data only available at the state level.

Most prevalent states

California
35,798 individuals
New York
5,087 individuals

In 2017, California had the highest estimated number of chronically homeless individuals in the nation, at 35,798, followed by New York (5,087).

The following map shows the estimated number of chronically homeless individuals by state over multiple years.

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