Metropolitan Birmingham 2016 Economic and Demographic Profile
Metropolitan Birmingham Demographic Snapshot Population 1,151,476 Households 451,974 Average Household Income $ 69, 052 Median Age 38.5 Bachelor's Degree Attainment 29% Employment 511,300 Source: ESRI, Sept 201 5; Employment, BLS 201 4 Annual Average Employment
Metropolitan Birmingham Major Cities City Population County City Population County Birmingham 212,247 Jefferson Leeds 11,939 Jefferson Hoover 84,353 Jefferson Chelsea 11,758 Shelby Vestavia Hills 34,124 Jefferson Fairfield 10,988 Jefferson Alabaster 31,545 Shelby Pleasant Grove 10,325 Jefferson Bessemer 26,949 Jefferson Clay 9,700 Jefferson Homewood 25,802 Jefferson Fultondale 8,908 Jefferson Pelham 22,699 Shelby Clanton 8,727 Chilton Mountain Brook 20,734 Jefferson Pinson 7,143 Jefferson Trussville 20,702 Jefferson Oneonta 6,627 Blount Helena 17,833 Shelby Montevallo 6,601 Shelby Center Point 16,777 Jefferson Tarrant 6,257 Jefferson Hueytown 15,815 Jefferson Midfield 5,263 Jefferson Jasper 14,109 Walker Brent 4,881 Bibb Gardendale 13,729 Jefferson Margaret 4,506 St. Clair Pell City 13,573 St. Clair Adamsville 4,435 Jefferson Calera 12,972 Shelby Columbiana 4,213 Shelby Moody 12,457 St. Clair Springville 4,194 St. Clair Irondale 12,444 Jefferson Argo 4,187 St. Clair Source: U.S. Census Bureau
Metropolitan Birmingham Historical Population Growth
1890s, A Young Industrial Center
Early 1900s, The South’s Primary Industrial Center 1907, U.S. Steel purchases Tennessee Coal and Iron (TCI) Birmingham becomes the South’s primary industrial center Primary Industries: iron and steel, rail transportation, mining Birmingham annexes suburbs, population grows to 132,685 Jefferson County 1910 population: 226,476 Vulcan in 1904 Birmingham’s first commercial shipment Birmingham skyline in 1907 Tennessee Coal Company in 1910 of steel was produced at TCI in 1900.
1920s, Health Care and Financial Services
1940’s, Medical Academics and Research Southern Research Institute Groundbreaking, 1944 Jefferson-Hillman Hospital, 1944 Medical College of Alabama moves to the Southern Research Institute was established in Jefferson-Hillman Hospital in 1945, 1944 as the first independent scientific becomes part of the University of research center in the Southeast. Alabama at Birmingham (UAB)
1960s, Major Interstate Hub Established Interstate Construction, 1967 With six interstate spokes, metropolitan Birmingham has one of the most comprehensive interstate networks in the Southeast. Birmingham, 2014
More than 60 Years of UAB Growth Jefferson-Hillman Hospital Former Jefferson-Hillman Hospital Jefferson-Hillman Hospital Birmingham from Vulcan, 1954 postcard Birmingham from Vulcan, 2014
Metropolitan Birmingham Target Sectors Birmingham’s economy reflects the Historical Foundation region’s economic growth and Metals and Steel Manufacturing development over the past century. Core Strength Finance and Insurance Health Care Services Trade and Distribution Emerging Growth Advanced Manufacturing Biological and Information Technology Arts, Entertainment and Tourism
Birmingham’s GDP Accounts for 31% of the State’s Total 2014 Metro GDP as a Percentage of Alabama Total GDP 17% 31% Outside Metro Area 8% Birmingham 3% 3% Huntsville Mobile 3% 5% 12% 8% 9% Source: U.S. Bureau of Economic Analysis
The 50 th Largest U.S. Metropolitan Economy Alabama’s Largest Metropolitan Economy $16 $5 $5 $62 $6 $10 $17 $18 $24 2014 GDP $Billions Current Dollars Source: U.S. Bureau of Economic Analysis
Alabama’s Economic Center 2014 GDP $Billions Current Dollars $62,187 $70,000 $60,000 $50,000 $40,000 $23,738 $30,000 $18,284 $16,703 $10,359 $20,000 $10,000 $- Huntsville Montgomery Tuscaloosa Birmingham Mobile Source: U.S. Bureau of Economic Analysis
2016 Major Employers Company Service Description Employment University of Alabama at Birmingham* 23,000 Education and health care services Regions Financial Corp. 7,134 Financial services, banking, corporate headquarters Honda Manufacturing of Alabama** 4,800 Manufacturing (advanced), automobile manufacturer St. Vincent's Health System 4,786 Health care services, hospital network serving metro Birmingham Baptist Health System, Inc. 4,633 Health care services, management Children's of Alabama 4,543 Health care services, regional specialized health care AT&T 4,517 Telecommunications, regional operations Alabama Power Co. 3,982 Utilities services, electrical, corporate headquarters Blue Cross-Blue Shield of Alabama 3,570 Financial services, Insurance, employee benefits, corporate headquarters Mercedes-Benz U.S. International, Inc.** 3,500 Manufacturing (advanced), automobile manufacturer U.S. Postal Service 2,800 Government, mail processing and delivery BBVA Compass 2,765 Financial services, banking, financial services, North American headquarters Buffalo Rock Co. 2,200 Manufacturing, food products, independent Pepsi bottler Southern Company Services 2,116 Utilities services, shared services division of Southern Company U.S. Steel 1,900 Manufacturing, pipe mill Trinity Medical Center 1,893 Health care services, hospital Social Security Administration 1,800 Financial services, social security benefits, business processing center Brookwood Medical Center 1,636 Health care services, hospital American Cast Iron Pipe Co. 1,600 Manufacturing, primary metals manufacturer of ductile iron products Birmingham Veterans Affairs Medical Center 1,525 Health care services, regional comprehensive medical facility Wells Fargo 1,466 Financial services, banking, Customer operations center Protective Life Corp. 1,464 Financial services, insurance (life), corporate headquarters McDonalds (CLP Corp. franchisee) 1,300 Management, retail, Alabama's largest McDonald's franchisee State Farm Insurance 1,112 Financial services, insurance, regional operations center Golden Living, multiple locations 1,100 Health care services, skilled nursing facilities Source: Birmingham Business Alliance, Oct. 2015 * Includes University of Alabama Health Services Foundation employment ** Not located in metropolitan Birmingham
Metals and Steel Manufacturing Metropolitan Birmingham’s manufacturing sector employs nearly 39,000. Primary metals manufacturing employs 7,200 – nearly 19 percent of metropolitan Birmingham’s total manufacturing employment. According to U.S. Cluster Mapping, Jefferson County ranks among the top ten U.S. counties for employment in upstream metals manufacturing. Metropolitan Birmingham has nearly five times the percentage of Metals and Steel Manufacturing employment in primary metals manufacturing than the national average. Location Quotients Birmingham continues to be a metals manufacturing center – home to 4.76 three of the nation’s seven ductile iron pipe makers. 3.90 American Cast Iron Pipe Company (ACIPCO) is one of the largest manufacturers of iron pipe in the world. O’Neal Industries is the largest family -owned group of metals service centers in the U.S. 1.00 In 2013, German steel giant, ThyssenKrupp chose Bibb County as the location of a $13 million materials processing and distribution center. U.S Birmingham Pittsburgh
Finance and Insurance Major back-office operations Metropolitan Birmingham serves as the location of : Nearly 40 major back-office operations, 80 percent of which specialize in finance and insurance processing A highly specialized workforce in insurance related services, with a U.S. Cluster Mapping L.Q. of 2.43 A top 10 U.S. banking center with nearly $220 billion in assets The corporate headquarters for Regions Financial Corporation, BBVA Compass Bancshares, Infinity Auto Insurance, North American headquarters for Protective Life Corporation a regional headquarters for State Farm Insurance (Dai-ichi Life) Nearly 20 new or expanding back-office and data center operations since 2011, creating more than 2,700 jobs and $60 million in capital investment Recent back-office expansions in the Birmingham market :
Trade and Distribution Birmingham is: Served by five interstate highways; one of only three Southeastern cities with six interstate spokes Accessible to 78 percent of the U.S. population via a two- day freight drive time Served by three Tier 1 rail providers Accessible to more than 50 percent of the U.S population via a three-day rail delivery time 25 miles from Port Birmingham, which is part of Alabama’s inland waterway system and enables the shipment of commodities to and from all parts of the world 260 miles north of the Port of Mobile via Interstate 65 Home to Foreign Trade Zone 98
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