Newman Technology Grand Opening

Demographic Data

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TRADE AREA

Several factors contribute to the belief that Albertville's trade area encompasses a 20 mile radius. 

  • Geography of the area
  • Proximity to rural counties
  • Intersection of  US Hwy 431 and AL HWY 75 at city center
  • Highest traffic counts in the County
  • Albertville's industry base
  • Commute patterns

Based on a thorough analysis of the market, it is clear that the citizens of Marshall County as well as portions of DeKalb, Blount and Etowah Counties travel to Albertville to work, shop, dine or conduct personal business.  Therefore serious consideration should be given to the area extending beyond Albertville's city limits to accurately assess the market. 

POPULATION DENSITY

Of the 67 counties in the State of Alabama, Marshall County is ranked 10th in population density with 164 people per square mile.   Source: US Census Bureau, 2000 Census, Population & Housing Density

  5 MILE  10 MILE  20 MILE 
 2015 Population Estimate 34,673 73,330 158,838
 2020 Population Projection  35,528  73,330  161,178
 2010 Census Population  33,727 69,900 156,790
 Growth Rate (2000-2010) 20.5 %   17.8%  

 

AGE DISTRIBUTION

MEDIAN AGE  AGE 0-17 AGE 18-44 AGE 45 -64  AGE 65 and over 
 33 27.78% 36.69 %  22.29% 13.22 % 

 

HOUSEHOLD DATA

 

 5 MILE 10 MILE    20 MILE 
2020 Projected Number of Households 12,757 26,611 61,288
 Average Household Income

 $51,378

 $53,298  $53,205
 Median Household Income   $39,882   $38,422   $39,349
 Median Housing Value $168,826   $172,691 $153,073 

 

DAYTIME EMPLOYMENT

   5 MILE  10 MILE  20 MILE  
 TOTAL BUSINESSES  1,542  2,990  5,545  
 TOTAL EMPLOYEES  18,645  33,206 54,643  

 

 

LARGEST EMPLOYERS

COMPANY  EMPLOYEES  INDUSTRY 
 Tyson Foods 1,016  Poultry
 Wayne Farms 1,000  Poultry

 Albertville Quality Foods

 1,000 Poultry 
 Alatrade  700  Poultry
 Albertville City Schools  554  Education
 Mitchell Grocery  535  Grocery Distribution
Progress Rail 502  Railroad & Locomotive
 Mueller  490  Fire Hydrants
Emmaus Foods  481  Poultry
 Colormasters  357  Plastics Manufacturing
 Newman Technology  284  Automotive Supplier
 Huhtamaki  173  Mold Fiber Products
 Southern Parallel  120  Forestry Products
 Paragon  90  Wall Décor
 B & G Supply  95  Transportation/Trucking

 

ADDITIONAL DATA AVAILABLE

 5 MILE RADIUS DEMOGRAPHICS

10 MILE RADIUS DEMOGRAPHICS

RADIUS COMPARISONS UP TO 20 MILES

Sources: infoUSA™, Applied Geographic Solutions, Nielsen 2013/2014, ESRI 2013, U.S. Census Bureau, Economy.com, Spatial Insights Inc., Urban Land Institute, CensusViewer.com, International Council of Shopping Centers, and/or U.S. Bureau of Labor and Statistics 

 

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