Gadsden, AL โ City Data, Demographics & Statistics
Etowah County ยท Alabama
City DNA
A unique fingerprint for Gadsden based on 8 key metrics โ compared to averages.
Quick Stats
Population
33,617
2023 ACS
Median Income
$38,699
2023
Median Home Value
$101,900
2023
Median Rent
$787
2023
Median Age
39.6
Unemployment
8.9%
Cost of Living Index
70.4
100 = national avg
Gadsden is a city in Etowah County, Alabama, with a population of 33,617 according to the 2023 American Community Survey. Gadsden is one of the communities in Alabama.
The median household income in Gadsden is $38,699, and the median home value is $101,900. The cost of living index is 70.4 (where 100 = national average), and the median rent is $787 per month. The unemployment rate is 8.9%, and the median age is 39.6 years.
People & Demographics
Source: U.S. Census Bureau ACS (2023)Population
Total Population
33,617
Male
15,840
47.1%
Female
17,777
52.9%
Median Age
39.6
Age Distribution
Education & Household
Bachelor's or Higher
10.0%
High School or Higher
34.0%
Foreign Born
4.1%
Veterans
4.8%
Married
27.4%
Avg Household Size
2.5
Marital Status by Age
Race & Ethnicity
Diversity Index
0.592
Simpson's Index (0-1)
Largest Group
White
50.7%
Foreign Born
4.1%
Hispanic/Latino Ethnicity
Hispanic/Latino is an ethnicity, not a race. People of any race can identify as Hispanic. This percentage overlaps with the racial categories above.
Hispanic/Latino
9.2%
3,076 people
Not Hispanic/Latino
90.8%
Hispanic/Latino Detail
Source: U.S. Census Bureau ACS (2023)Asian Detail
Source: U.S. Census Bureau ACS (2023)Native Hawaiian & Pacific Islander Detail
Source: U.S. Census Bureau ACS (2023)American Indian & Alaska Native Detail
Source: U.S. Census Bureau ACS (2023)Languages Spoken
Total Speakers (5+)
31,518
English Only
92.1%
#1 Non-English Language
Spanish
2,129 speakers
Limited English
3.6%
Language Distribution
English Proficiency
Speaks English Very Well
96.3%
Limited English Proficiency
3.6%
Veterans & Military
Total Veterans
1,614
4.8% of population
Disability Rate
23.0%
371 with disability
Veteran Median Income
$26,808
Unemployment Rate
18.1%
Period of Service
Veteran Age Distribution
Male Veterans
1,513
93.7%
Female Veterans
101
6.3%
Veteran vs Non-Veteran Income
Veteran Income
$26,808
Non-Veteran Income
$22,711
Difference
$4,097
18.0% higher
Disability Status
With Disability
371
Without Disability
1,243
Disability Rate
23.0%
Ancestry & Heritage
Total Reporting Ancestry
10,942
#1 Ancestry
American
7.6% (2,566)
#2 Ancestry
English
7.2% (2,409)
#3 Ancestry
Irish
5.6% (1,895)
Top 20 Ancestries
Source: U.S. Census Bureau ACS (2023)Families & Households
Total Households
12,942
Family Households
7,310
56.5%
Married Couples
3,791
29.3%
Non-Family Households
5,632
43.5%
Single Mother Households
2,894
22.4%
Single Father Households
625
4.8%
Living Alone
4,612
35.6%
Children Under 18
Total Children
6,410
In Married Couple
2,973
46.4%
With Single Mother
2,784
43.4%
With Single Father
653
10.2%
Family Income
Median Family Income
$52,937
Married Couple Income
$67,719
Single Mother Income
$31,719
Single Father Income
$53,351
Avg Family Size
2.5
Avg Non-Family Size
2.6
Grandparents w/ Grandchildren
680
Grandparents Responsible
336
Economy
Source: U.S. Census Bureau ACS (2023)Income Overview
Median Household Income
$38,699
-47% vs national
Per Capita Income
$23,553
-37% vs national
Poverty Rate
27.6%
+103% vs national
Gini Index
0.4834
0 = perfect equality
Unemployment
8.9%
+71% vs national
SNAP Recipients
25.4%
of households
How Gadsden Compares
Gadsden vs Similar Cities
Compared to cities with 25,000 - 50,000 residents. Gadsden is highlighted.
Median Household Income
Gadsden, AL has a median household income of $38,699, making it the 25,632nd highest median household income out of 28,123 cities in our database. This means that Gadsden has a higher median household income than 9% of all the cities we measured.
Per Capita Income
Gadsden, AL has a per capita income of $23,553, making it the 23,637th highest per capita income out of 28,123 cities in our database. This means that Gadsden has a higher per capita income than 16% of all the cities we measured.
Poverty Rate
Gadsden, AL has a poverty rate of 27.6%, making it the 3,733rd highest poverty rate out of 31,262 cities in our database. This means that Gadsden has a higher poverty rate than 88% of all the cities we measured.
Unemployment Rate
Gadsden, AL has a unemployment rate of 8.9%, making it the 4,910th highest unemployment rate out of 31,012 cities in our database. This means that Gadsden has a higher unemployment rate than 84% of all the cities we measured.
Where Do You Stack Up?
Enter your household income to see how you compare to other households in Gadsden. The median household income here is $38,699.
Income Distribution
Employment Snapshot
Unemployment Rate
8.9%
+54% vs AL avg
Labor Force
14,251
Employed
12,972
How People Get to Work
Employment by Sector
Education & Workforce
Bachelor's Degree+
10.0%
of adults 25+
High School Diploma+
34.0%
of adults 25+
Median Age
39.6
Work from Home
3.4%
of workers
Top Occupations & Wages
Source: Bureau of Labor Statistics OEWS (2024)
Data represents the Gadsden, AL metro area
Highest-Paying Job
General and Operations Managers
Top Median Wage
$87.7K
per year
Occupations Tracked
20
Cost of Living
Overall Index
70.4
100 = national avg
-29.6 vs national average
Living Wage (1 Adult)
$30,973
per year
Living Wage (Family of 4)
$73,209
per year
Cost Index by Category
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD
1 Bedroom
$792
per month
2 Bedroom
$927
per month
The median household income in Gadsden, AL is $38,699, which is 47.1% below the national average of $73,224. Per capita income is $23,553. The poverty rate of 27.6% is higher than the AL state average of 17.3%. The Gini index of income inequality is 0.4834, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 8.9%, compared to the state average of 5.8%. The labor force is 14,251. 10.0% of adults hold a bachelor's degree or higher. About 83.8% of workers drive alone to work. The overall cost of living index is 70.4, which is 29.6% below the national average. Housing costs are below the national average at an index of 69.1. A single adult needs to earn approximately $30,973 per year to cover basic expenses.
Housing & Real Estate
Market SnapshotRedfin โ January 2026
Median Sale Price
$195,000
Median List Price
$167,000
Price Per Sq Ft
$110
Days on Market
78
Active Inventory
118
Months of Supply
6.6
Buyer's market
Zillow Home Value
$107,474
ZHVI โ January 2026
Zillow Rent Index
$841
ZORI โ January 2026
Market CompetitivenessRedfin
Sold Above List
11.1%
Off Market in 2 Weeks
25.0%
Sale-to-List Ratio
91.5%
Buyer's market
Price TrendsRedfin
Market ActivityRedfin
Homes Sold
18
New Listings
31
Pending Sales
36
Price Per Square FootRedfin
Median Sale $/SF
$110
Median List $/SF
$86
House Price IndexFHFA
How much have housing prices increased in Gadsden, AL? According to the Federal Housing Finance Agency (FHFA) House Price Index for the Gadsden, AL metro area, home prices have risen 96.5% over the past 20 years. The 10-year growth rate is 85.7%. Over the last 5 years, prices increased 59.8%. In the most recent 2-year period, the index rose 9.9%. The FHFA HPI tracks average price changes in repeat sales or refinancings of single-family properties with conforming mortgages. Because this is a metro-level index, it reflects the broader Gadsden, AL housing market rather than Gadsden alone.
Metro area: Gadsden, AL
Gadsden vs Similar CitiesCensus ACS / Redfin
Compared to cities with 25,000 - 50,000 residents. Gadsden is highlighted.
Median Home Value
Gadsden, AL has a median home value of $101,900, making it the 21,995th highest median home value out of 27,993 cities in our database. This means that Gadsden has a higher median home value than 21% of all the cities we measured.
Median Rent
Gadsden, AL has a median rent of $787, making it the 16,028th highest median rent out of 22,337 cities in our database. This means that Gadsden has a higher median rent than 28% of all the cities we measured.
Median Price Per Sq Ft
Gadsden, AL has a price per square foot of $110, making it the 16,311th highest price per square foot out of 20,748 cities in our database. This means that Gadsden has a higher price per square foot than 21% of all the cities we measured.
Rent Burden
Gadsden, AL has a rent burden of 24.4%, making it the 3,889th highest rent burden out of 21,928 cities in our database. This means that Gadsden has a higher rent burden than 82% of all the cities we measured.
Census Housing DataU.S. Census Bureau ACS 2023
Median Home Value
$101,900
Median Rent
$787
Total Housing Units
16,378
Vacancy Rate
21.0%
Owner Occupied
54.4%
Renter Occupied
45.6%
Median Property Tax
$526
per year
Monthly Cost (w/ Mortgage)
$579
Housing Types
Property TaxU.S. Census Bureau ACS 2023
Median Property Tax
$526
per year
Effective Tax Rate
0.52%
of home value
Median Home Value
$101,900
Estimated Mean Tax
$516
The effective property tax rate is calculated by dividing the median annual property tax ($526) by the median home value ($101,900). In Gadsden, AL, this works out to an effective rate of 0.52%. This is below the national average of approximately 1.1%.
The current median sale price in Gadsden, AL is $195,000 according to Redfin data. Homes spend a median of 78 days on the market. 11.1% of homes sold above asking price. The market has 6.6 months of supply. The median price per square foot is $110. Zillow's observed rent index is $841/month. About 54.4% of housing units are owner-occupied. The median year homes were built is 1959. There are 16,378 total housing units. Homeowners pay a median annual property tax of $526. The effective tax rate is 0.52%, below the national average.
Crime Overview
Source: FBI Crime Data Explorer (2024)Violent Crime Rate
5.82
per 1,000 residents
+124% vs national
Property Crime Rate
25.78
per 1,000 residents
+50% vs national
Total Crimes
1,043
2024
Violent Clearance
23%
cases solved
Property Clearance
5%
cases solved
YoY Change
-7.5%
violent crime rate
improving vs 2023
How Gadsden Compares
Source: FBI (2024)Gadsden vs Similar Cities
Source: FBI (2024)Compared to cities with 25,000 - 50,000 residents. Gadsden is highlighted in green.
Violent Crime Rate (per 1,000)
Property Crime Rate (per 1,000)
Murder Rate (per 1,000)
Crime Rate Trends
Source: FBICrime Composition
Source: FBI (2024)Violent Crime Breakdown
Property Crime Breakdown
Crime Clearance (Solve) Rates
Source: FBI (2024)Gadsden police solve 50% of murder cases but only 3% of burglary cases.
Weapon Used in Violent Crime
Source: FBI (2024)Crime Breakdown
Source: FBI Crime Data Explorer (2024)| Crime Type | Category | Count | Rate per 1K | Clearance % |
|---|---|---|---|---|
| Murder | Violent | 4 | 0.12 | 50.0% |
| Rape | Violent | 4 | 0.12 | 25.0% |
| Robbery | Violent | 16 | 0.48 | 31.3% |
| Aggravated Assault | Violent | 168 | 5.09 | 21.4% |
| Burglary | Property | 97 | 2.94 | 3.1% |
| Larceny/Theft | Property | 682 | 20.66 | 4.4% |
| Motor Vehicle Theft | Property | 72 | 2.18 | 13.9% |
Gadsden, AL reported 192 violent crimes and 851 property crimes in 2024. The violent crime rate of 5.82 per 1,000 residents is 123.7% above the national average of 2.60 per 1,000. Law enforcement cleared 23% of violent crimes. Larceny/theft accounts for 682 of the property crime reports. Firearms were involved in 53.0% of aggravated assaults. Violent crime has been trending downward.
Crime History
Source: FBI| Year | Violent | Property | Violent Rate | Property Rate |
|---|---|---|---|---|
| 2024 | 192 | 851 | 5.82 | 25.78 |
| 2023 | 208 | 1,285 | 6.29 | 38.86 |
| 2022 | 199 | 1,347 | 5.94 | 40.18 |
| 2021 | 261 | 1,368 | 7.54 | 39.52 |
| 2020 | 118 | 579 | 3.39 | 16.64 |
| 2018 | 372 | 2,495 | 10.57 | 70.87 |
| 2017 | 613 | 2,641 | 17.19 | 74.05 |
| 2016 | 465 | 2,521 | 12.94 | 70.17 |
| 2015 | 364 | 2,724 | 10.07 | 75.36 |
School Shootings
Source: The Washington PostTotal Incidents
1
Total Killed
1
Total Injured
1
| Date | School | Killed | Injured | Type | Weapon |
|---|---|---|---|---|---|
| Jun 9, 2022 | Walnut Park Elementary | 1 | 1 | targeted | nan |
Data from The Washington Post, licensed under CC BY-NC-SA 4.0.
Natural Hazard Risk
Source: FEMA National Risk IndexRisk Score
87.3
Relatively Moderate
Expected Annual Loss
83.8
Score (0-100)
Social Vulnerability
78.0
Score (0-100)
Community Resilience
57.6
Score (0-100)
Scores range from 0 (lowest risk) to 100 (highest risk) relative to all U.S. communities. Data from FEMA National Risk Index.
Disaster History & Federal Spending
Source: FEMATotal Declarations
27
Public Assistance
$3.8M
Individual Assistance
$2.9M
Most Common Type
Severe Storm
12 declarations
Public Assistance by Category
Showing 20 of 30 disasters
PA = FEMA Public Assistance (infrastructure recovery). IA = Individual Assistance (homeowner/renter aid).
Flood Insurance (NFIP)
Source: FEMA NFIPTotal Claims
129
Total Claims Paid
$815,060
Avg Claim Payout
$6,318
County-level NFIP data from FEMA National Flood Insurance Program.
Hazard Mitigation
Source: FEMA Hazard Mitigation AssistanceMitigation Projects
8
Federal Funding
$776,363
Properties Protected
38
Avg Benefit-Cost Ratio
4.59
BCR
Top Mitigation Project Types
| Project Type | Projects | Federal $ |
|---|---|---|
| 206.2: Safe Room (Tornado and Severe Wind Shelter) - Public Structures | 5 | $313,226 |
| 206.1: Safe Room (Tornado and Severe Wind Shelter) - Private Structures | 2 | $90,537 |
| 403.1: Stormwater Management - Culverts | 1 | $372,600 |
Federally funded projects to reduce future disaster risk. Only includes completed or obligated projects.
Gadsden has a relatively moderate overall natural hazard risk rating according to FEMA's National Risk Index. The top hazard risks are tornado, strong wind, earthquake. The area has had 27 federal disaster declarations. The most common disaster type is severe storm (12 declarations). 129 flood insurance claims have been filed in the area. FEMA has obligated $3,766,648 in public assistance recovery funding. $2,926,128 has been distributed in individual assistance to disaster-affected residents. 8 hazard mitigation projects have been funded to reduce future risk.
Health
Community Health
Source: CDC PLACES
Obesity Rate
49.0%
12.9pp above the national average
Depression Rate
24.5%
1.0pp above the national average
Diabetes Rate
20.4%
8.5pp above the national average
Uninsured Rate
14.3%
3.7pp above the national average
Health Scorecard
Higher scores indicate better health outcomes relative to the national average (50 = average)
Health Outcomes
Age-adjusted prevalence rates. Green bars indicate rates below the national average; red indicates above.
High Cholesterol
42.5%
Arthritis
35.0%
Cancer (excl. skin)
8.0%
Teeth Lost (65+)
22.8%
Health Risk Behaviors
Prevention & Screening
Green bars indicate rates above the national average (more preventive care); red indicates below.
Mental Health & Wellbeing
Frequent Mental Distress
19.9%
14+ days in past month
Depression
24.5%
Loneliness
37.6%
Lack of Support
27.5%
Disability Prevalence
Any Disability
46.8%
Mobility
24.8%
Cognitive
21.1%
Hearing
9.9%
Vision
9.8%
Self-Care
7.7%
Independent Living
14.6%
Health-Related Social Needs
Prevalence of social risk factors affecting community health
Gadsden has an obesity rate of 49.0%, which is 12.9pp above the national average. The depression rate is 24.5%, 1.0pp above the national average. About 14.3% of adults lack health insurance. 81.0% of residents had an annual checkup in the past year.
Nearby Hospitals
Source: CMS Hospital Compare
Nearest Hospitals
5
With Emergency Services
4
Avg CMS Rating
2.0 / 5
Nearest Hospital
5.5 mi
Riverview Regional Medical Cen...
| Hospital | Distance | Type | Rating | ER |
|---|---|---|---|---|
| Riverview Regional Medical Center | 5.5 mi | Acute Care Hospitals | 2/5 | Yes |
| Gadsden Regional Medical Center | 9.9 mi | Acute Care Hospitals | 1/5 | Yes |
| Marshall Medical Centers | 16.7 mi | Acute Care Hospitals | 3/5 | Yes |
| St Vincents Blount | 25.3 mi | Critical Access Hospitals | โ | โ |
| Floyd Cherokee Medical Center | 27.1 mi | Acute Care Hospitals | โ | Yes |
Climate & Environment
Water Systems
Source: EPA SDWISWater Systems
5
Pop. Served
56,559
Violations (5yr)
0
No violations
| System Name | Pop. Served | Violations (5yr) |
|---|---|---|
| GADSDEN, THE WWSB OF THE CITY OF | 44,637 | 0 |
| NORTHEAST ETOWAH COUNTY WATER CO-OP | 4,275 | 0 |
| HIGHLAND WATER AUTHORITY | 3,963 | 0 |
| WHORTON BEND WATER AUTHORITY | 2,610 | 0 |
| TILLISON BEND WATER AUTHORITY | 1,074 | 0 |
There are 5 water systems serving the area.
Infrastructure
Commute Overview2023 ACS
Drive Alone
83.8%
+7% vs national
Public Transit
0.1%
-93% vs national
Work From Home
3.4%
-63% vs national
Carpool
9.9%
Walk
1.3%
How Gadsden's Commute ComparesCensus ACS 2023
How People Get to WorkCensus ACS 2023
Commute Mode BreakdownCensus ACS 2023
Traffic Fatalities
Source: NHTSA FARS (2023)Fatalities
1
2023
6-Year Avg
4
fatalities/yr
Pedestrian
1
Nighttime
1
dark conditions
| Year | Crashes | Fatalities | Alcohol | Pedestrian | Cyclist |
|---|---|---|---|---|---|
| 2023 | 1 | 1 | 0 | 1 | 0 |
| 2022 | 6 | 7 | 0 | 1 | 1 |
| 2021 | 4 | 5 | 0 | 0 | 0 |
| 2020 | 3 | 4 | 0 | 0 | 0 |
| 2019 | 3 | 3 | 1 | 1 | 0 |
| 2018 | 5 | 5 | 1 | 1 | 0 |
Data from NHTSA Fatality Analysis Reporting System (FARS). Includes only crashes involving at least one fatality.
Commute data for Gadsden, AL covers travel times and transportation modes. 83.8% of workers drive alone, compared to the national average of 78.7%. 3.4% work from home, which is below the AL state average of 5.2%. 9.9% of workers carpool. 1.3% walk to work. In 2023, there were 1 traffic fatality from 1 fatal crash. 1 was a pedestrian.
Internet & Broadband Access
Source: Census ACSBroadband Access
82.9%
of households
Cable / Fiber / DSL
57.2%
of households
No Internet
14.7%
of households
Total Households
12,942
Internet Subscription Types
Device Ownership
Source: Census ACSHas Computer
88.5%
of households
Smartphone
83.1%
of households
Desktop / Laptop
59.0%
of households
Tablet
51.0%
of households
Percentage of households with each device type. Data from the U.S. Census Bureau ACS (2023 5-year estimates, tables B28001 & B28002).
Electricity Rates
Source: U.S. Energy Information Administration (2024)Residential Rate
15.2ยข
per kWh
-20% vs 25,000 - 50,000 avg
Commercial Rate
13.6ยข
per kWh
-12% vs 25,000 - 50,000 avg
Industrial Rate
7.3ยข
per kWh
-39% vs 25,000 - 50,000 avg
Avg Monthly Bill
$174
residential
+18% vs 25,000 - 50,000 avg
11% below the national average of 17.1ยข/kWh
Residential electricity in Alabama averages 15.2ยข per kWh, compared to the national average of 17.1ยข. The average monthly electric bill is $174. State-level averages from EIA Electric Sales & Revenue data (2024).
Gadsden vs Similar Cities
Source: EIA (2024)Comparing electricity rates with randomly selected cities of similar population (25,000 - 50,000). Each city represents its state's average rate.
Residential Rate (ยข/kWh)
Commercial Rate (ยข/kWh)
Industrial Rate (ยข/kWh)
Average Monthly Bill
Water Systems
Source: EPA SDWISWater Systems
5
Population Served
56,559
Violations (5yr)
0
| System Name | Type | Source | Pop. Served | Violations |
|---|---|---|---|---|
| GADSDEN, THE WWSB OF THE CITY OF | Community | Surface water | 44,637 | 0 |
| NORTHEAST ETOWAH COUNTY WATER CO-OP | Community | Purchased surface water | 4,275 | 0 |
| HIGHLAND WATER AUTHORITY | Community | Purchased surface water | 3,963 | 0 |
| WHORTON BEND WATER AUTHORITY | Community | Purchased surface water | 2,610 | 0 |
| TILLISON BEND WATER AUTHORITY | Community | Purchased ground water | 1,074 | 0 |
82.9% of households in Gadsden have broadband internet access. 57.2% have cable, fiber, or DSL service. 18.0% rely solely on cellular data without a wired connection. 14.7% of households have no internet access. 23.0% use only a smartphone without a desktop or laptop. The area is served by 5 water systems, providing water to 56,559 people. No water quality violations have been reported in the past 5 years.
Politics & Government
County-level data: Election results are reported at the county level. Gadsden is located in Etowah County, AL. Results reflect all voters in the county, not just those in Gadsden.
Election Overview
Source: Etowah County (2024)2024 Winner
Republican
Dem Votes
10,027
21.8%
GOP Votes
35,653
77.5%
Total Votes
46,023
Margin
R+55.7%
Shift from 2020
R+5.5pp
vs prior election
Election History
Source: County-Level Election Results| Year | Dem Votes | GOP Votes | Total | Dem % | GOP % | Margin |
|---|---|---|---|---|---|---|
| 2024 | 10,027 | 35,653 | 46,023 | 21.8% | 77.5% | R+55.7 |
| 2020 | 11,567 | 35,528 | 47,728 | 24.2% | 74.4% | R+50.2 |
| 2016 | 10,350 | 32,132 | 43,474 | 23.8% | 73.9% | R+50.1 |
In the 2024 presidential election, Etowah County recorded 46,023 total votes. Republicans won the county with 77.5% of the vote compared to 21.8% for Democrats, a margin of R+55.7%. Compared to 2020, the margin shifted R+5.5pp from the previous election. Since 2016, Etowah County has shifted 5.6 percentage points toward Republicans.
Nonprofits Overview
Source: IRS Exempt Organizations BMFTotal Nonprofits
224
Total Assets
$239.3M
Total Income
$154.7M
Per 10K Residents
66.6
nonprofits
+92.2% vs peers avg
Orgs with >$1M Assets
27
Median Assets
$301K
Oldest Active
1941
ruling year
Newest Org
2025
ruling year
Nonprofits by Category
Source: IRS / NTEE ClassificationTop 10 hold $190.2M of $239.3M total
Nonprofit Size Distribution
Source: IRS Exempt Organizations BMFNumber of nonprofits by total asset size
When Were Nonprofits Founded?
Source: IRS Ruling DateNumber of currently active nonprofits by founding decade
Nonprofits per 10K Residents vs Similar Cities
Source: IRS BMF + Census ACSCompared to cities with population 25,000 - 50,000
Largest Nonprofits in Gadsden
Source: IRS Exempt Organizations BMFGadsden, AL has 224 registered 501(c)(3) nonprofit organizations with combined assets of $239.3M. The most common category is Religion-Related, with 38 organizations. 27 nonprofits have assets exceeding $1 million. That works out to 66.6 nonprofits per 10,000 residents. The oldest active nonprofit dates back to 1941.
SBA Lending Overview
Source: SBA FOIA Loan-Level DataTotal SBA Loans
144
Total Approved
$55.2M
Jobs Supported
1,307
Per 10K Residents
42.8
SBA loans
-38.1% vs peers avg
Unique Lenders
44
Top Lender
PNC Bank, National Association
25 loans
Top Industry
Accommodation & Food Services
Data Span
1992โ2025
Loan Program Breakdown
Source: SBA FOIALoans
127
Total Amount
$42.9M
Avg Loan
$338,093
Median Loan
$100,000
SBA Guaranteed
$32.2M(75%)
Jobs Supported
980
Loans
17
Total Amount
$12.3M
Avg Loan
$722,118
Median Loan
$498,000
Recent Activity (Last 5 Years)
Source: SBA FOIARecent Loans
12
8% of all-time total
Recent Amount
$3.9M
7% of all-time total
Avg Recent Loan
$321,583
Top Industries Funded
Source: SBA FOIA / NAICS CodesSBA Loans per 10K Residents vs Similar Cities
Source: SBA FOIA + Census ACSCompared to cities with population 25,000 - 50,000
Top SBA Borrowers
Source: SBA FOIA| Business | Loans | Amount |
|---|---|---|
| Dawson Gadsden West Hotel Llc | 1 | $5.0M |
| Neon Workforce Technologies Inc. | 2 | $3.3M |
| Fairfield Inn & Suites | 1 | $3.2M |
| Shivalaya Hospitality Llc | 1 | $2.8M |
| Legacy Dental P.c. | 1 | $2.6M |
| East Gadsden Golf Club Inc. | 1 | $2.0M |
| Bjk Llc | 1 | $2.0M |
| Days Inn | 2 | $1.8M |
| Back Forty Beer Company Llc | 4 | $1.7M |
| Tile Liquidators | 1 | $1.5M |
Gadsden, AL has received 144 SBA loans totaling $55.2M in approved funding between 1992 and 2025. The 7(a) program accounts for 127 loans (88% of the total), supporting 980 jobs. The 504 program, focused on real estate and large equipment, has funded 17 loans totaling $12.3M. The most common industry receiving SBA funding is Accommodation & Food Services. The most active SBA lender in Gadsden is PNC Bank, National Association with 25 loans. That works out to 42.8 SBA loans per 10,000 residents.
ZIP Code Overview
Source: Census ACSZIP Codes
7
Total Population
88,157
Avg Median Income
$56,143
Avg Home Value
$166,643
ZIP Code Details
Source: Census ACS| ZIP Code | Population | Median Income | Home Value | Median Rent | Area (sq mi) |
|---|---|---|---|---|---|
| 35901 | 19,186 | $47,826 | $174,200 | $747 | 59.2 |
| 35903 | 17,180 | $50,063 | $170,000 | $823 | 68.2 |
| 35904 | 13,571 | $40,915 | $100,100 | $792 | 48.8 |
| 35905 | 6,308 | $65,505 | $188,600 | $715 | 41.8 |
| 35906 | 10,443 | $58,896 | $199,500 | $998 | 35.0 |
| 35907 | 9,299 | $73,790 | $203,500 | $1,131 | 22.1 |
| 35954 | 12,170 | $56,004 | $130,600 | $681 | 106.6 |
Gadsden, AL has 7 ZIP codes with a combined population of 88,157. The average median household income across all ZIP codes is $56,143. The average median home value is $166,643. The average median monthly rent is $841.
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