5. Gadsden, Ala. Median household income
: $33,313 Population
: 104,303 (29th lowest) Unemployment rate
: 9.1% (144th highest) Pct. households below poverty line
: 21.0% (47th highest)
The median household income in the Gadsden area dropped by about $4,500 between 2007 and 2011. Manufacturing is prominent in the region, with more than 17% of Gadsden residents in the labor force working in the industry. The proportion of people working in manufacturing was down from 22% back in 2007. The median home value in the area rose nearly 13% between 2010 and 2011, the fifth-largest growth percentage across all metro areas.
(AP Photo/Rainier Ehrhardt) More From 24/7 Wall St.
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