Foley, AL

This city of 31,943 residents needs 4,498 more housing units over the next five years.

Housing snapshot

Population
31,943 (2026)
Households
12,891
Median household income
$78,974 (2026)
Typical home value
$302,645
Owner-occupied
64%
Five-year housing need
4,498 units

Comparison to other Alabama municipalities

Foley: $78,974 Median income (2026 estimate)
<$8K >$131K
Foley: 1.1 jobs to household ratio
<0.04 >2.65
Foley: Permits since 2021 represent 35.8% of housing
<0% >16.2%
On this page

How affordable is this community?

The typical home in Foley, AL is valued at $302,645, well above the Alabama average of $183,532. Foley, AL's median household income of $78,974 puts the typical home within reach for most households.

This chart tracks whether housing prices are keeping pace with local incomes. The gap between what homes cost and what households can afford reveals affordability trends over time.

How is the population changing?

Foley, AL has a population of roughly 24,026 and is one of the faster-growing communities in its state, adding residents at 4.7% per year.

Population growth patterns reveal how communities are evolving. This chart shows historical population changes by age group and projects future trends based on demographic patterns.

How has employment changed over time?

Jobs by industry sector since 2012. Switch between local jobs — counted where the jobs are located — and resident jobs, counted where the workers live. On the local view the most recent year is a nowcast: it grows the latest local LODES job mix forward using recent county employment growth from QCEW and the BLS local employment series, so the newest point tracks today's economy instead of data that is roughly two years old.

How are households changing by income?

Foley, AL is one of the faster-growing communities in Alabama, adding households at 4.7% per year and totaling roughly 12,891 households.

Understanding how households at different income levels are growing or declining helps identify which groups face the greatest housing pressure and where new housing is most needed.

Who lives here today?

The housing stock in Foley, AL is heavily oriented toward detached single-family, which makes up 72% of units. Homeownership is the norm in Foley, AL, with 64% of units owner-occupied.

Households may have different structure type preferences depending on characteristics such as household size, income, employment, presence of children, age of individuals, and lifestyle choices. Understanding the housing stock in corresponding terms helps assess how well existing units align with existing households' ideals.

What does the housing stock look like?

The mix of housing types and ownership patterns shapes a community's character. This chart breaks down housing units by structure type and whether they're owner-occupied or rented.

How much new housing supply is needed?

To keep up with growth and fill current housing shortages, Foley, AL needs 4,498 new units over the next 5 years.

4,316
Units needed to keep up with expected growth
Projected total household growth from 2026 to 2031.
33.5%
Projected household growth rate
Expected increase in total households from 12,891 in 2026 to 17,207 in 2031.
182
Units to address shortages in existing housing stock
Production needs to address vacancy rates and other factors.
70
Replacement housing
Effective annual loss rate is 1.1 per 1,000 units.
42
Ownership vacancy adjustment
Owner-occupied vacancy is 1.0%. This is below the minimum stable target of 1.5%.
70
Rental vacancy adjustment
Rental vacancy is 5.6%. This is below the minimum stable target of 7.4%.
4,498
Total 5-year housing production need (2026-2031)
900
Annual production pace
Average units needed per year to meet 5-year need
36.2%
Total housing unit growth
Percent increase in housing stock over 5 years
7.2%
Annual housing unit growth
Average percent increase in housing stock per year

How does this place compare to similar communities?