Auburn is a larger medium-sized city located in the state of Alabama. With a population of 83,757 people and 23 associated neighborhoods, Auburn is the seventh largest community in Alabama. Much of the housing stock in Auburn was built relatively recently. The construction of new real estate can often be taken as an indication that the local Auburn economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in Auburn, where the median household income is $63,668.00.
Auburn real estate is some of the most expensive in Alabama, although Auburn house values don't compare to the most expensive real estate in the U.S.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 10.91% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Because Auburn has a very large number of students who are 18 years or older and in college, it is thought of as a college town. This has a major influence on local Auburn lifestyle, entertainment, and culture in general. Life in Auburn is very much tied to the academic calendar: when students return from the summer break in the fall, one will notice them out and about, buying groceries, out with friends, and generally getting re-acquainted with each other. In Auburn people study hard and play hard, and there is ample opportunity to do both.
Not only is Auburn a city with many college students, but it also retains many recent graduates who are looking to start new careers, creating a decent-sized population of people who are young, single, educated, and upwardly-mobile. This makes it a good choice for other relocating single professionals. Here, these young singles will find many others like themselves, with opportunities for friendships, socializing, romance, and fun.
If knowledge is power, Auburn is a pretty powerful place. 64.14% of the adults in Auburn have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in Auburn in 2022 was $37,018, which is upper middle income relative to Alabama, and middle income relative to the rest of the US. This equates to an annual income of $148,072 for a family of four. However, Auburn contains both very wealthy and poor people as well.
Auburn is an extremely ethnically-diverse city. The people who call Auburn home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Auburn residents report their race to be White, followed by Black or African-American. Important ancestries of people in Auburn include English, German, Irish, Scottish, and European.
The most common language spoken in Auburn is English. Other important languages spoken here include Spanish and Korean.