Auburn is a larger medium-sized city located in the state of Alabama. With a population of 80,006 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 $55,509.00. 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.Auburn is a decidedly white-collar city, with fully 85.35% of the workforce employed in white-collar jobs, well above the national average. Overall, Auburn is a city of professionals, managers, and service providers. There are especially a lot of people living in Auburn who work in teaching (15.24%), management occupations (11.55%), and office and administrative support (8.15%). Also of interest is that Auburn has more people living here who work in computers and math than 95% of the places in the US. One interesting thing about the economy is that relatively large numbers of people worked from their home: 8.12% 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. In addition, Auburn is a major college town that has a very high percentage of its residents over 18 years old who are college students. Naturally, collegiate life has a major influence on local Auburn culture, lifestyle and entertainment options. Auburn really pulses to the beat of the academic calendar. In Auburn every fall, returning students reinvigorate the community, who you will notice are all over town, buying groceries, out with friends, and getting acquainted or re-acquainted with each other and Auburn. One of the beneficial effects that colleges provide is that they tend to be lasting institutions that deliver direct economic benefits to the local economy in the form of such things as jobs for faculty and staff, and spending by students. Auburn benefits directly from this. If knowledge is power, Auburn is a pretty powerful place. 61.69% 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 $35,115, which is wealthy relative to Alabama, and upper middle income relative to the rest of the US. This equates to an annual income of $140,460 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, European, and Scottish. The most common language spoken in Auburn is English. Other important languages spoken here include Korean and Spanish.
