Economy in Auburn
Detailed economy data — sourced from authoritative datasets and normalized for direct comparison.
Economy in Auburn, Alabama
Auburn's economy is robust and growing, with the city ranking among the top 10 Best-Performing Small Cities in 2026 by the Milken Institute. This recognition highlights the area's capacity for sustained labor market growth and an environment that fosters innovation. The Auburn-Opelika metropolitan area has seen an average of 198 new jobs per month over the past five years, with a job growth rate of 4.0% from July 2023 to July 2024. Key industries driving Auburn's economy include Services, Manufacturing, Leisure and Hospitality, Education, and Professional and Business Services. Auburn University plays a central role, contributing significantly to the state's economy and creating over 30,000 jobs beyond its direct employment. The city also boasts a thriving and innovative business community, with high-paying sectors like professional and business services, financial activities, and the information sector experiencing notable employment growth in 2024.
Economy & Jobs
Top Industries
About Auburn, Alabama
Auburn, Alabama, often referred to as "The Loveliest Village on the Plains," is a vibrant city in Lee County, known for its strong connection to Auburn University. Founded in 1836 and incorporated in 1839, the city's character is deeply intertwined with the university, which was established in 1856 as the East Alabama Male College. This relationship has fostered a dynamic environment that blends Southern charm with youthful energy and a strong sense of community. People are drawn to Auburn for its welcoming atmosphere, nationally ranked public school system, and abundant amenities, making it a desirable place for families, professionals, and students alike.
About Alabama
Alabama, located in the southeastern United States, is characterized by its Southern charm, rich history, and diverse natural beauty, ranging from the Appalachian foothills to Gulf Coast beaches. The state's economy has diversified beyond its agricultural roots, with major industries now including automotive manufacturing, aerospace, healthcare, banking, and steel production. Living in Alabama generally offers a low cost of living, particularly for housing, which is significantly below the national average. The climate is humid subtropical, featuring hot, humid summers and mild winters with ample sunshine for much of the year, supporting an outdoor-oriented lifestyle.