Auburn is home to the largest university in Alabama. With Auburn University at the heart of the city, there's an unmistakable college town vibe here. It's no surprise that nearly 30 percent of the residents hold a four year or graduate degree. Though education drives the economy, commercial and industrial businesses are prominent in Auburn, as well. Nearby Opelika is a prime spot for business, as well, and many residents commute between these two cities. Auburn's population of 53,817 people has grown nearly 21 percent since 2000.
The cost of living in Auburn is about 10 percent higher than the national average. However, health care costs are 11 percent lower than average and transportation costs are five percent less than the national average. Housing is the biggest expense in Auburn. The median home cost here is $219,400 compared to $170,000 nationally. The average two bedroom home or apartment rents for $742.
Auburn Job Opportunities
Auburn University is a major employer, providing about a quarter of all Auburn jobs. About 30 percent of all Auburn, AL jobs are in manufacturing. Industrial development in Auburn is booming. Tech-based manufacturing accounts for the majority of industrial employment. Since 1994, industrial development has created over 6,000 jobs in Auburn. In the last five years, the city announced 46 new and expanding industrial projects.
After education, the top industries in Auburn are health and social services, manufacturing and technology. Major employers include Briggs & Stratton, Master Brand Cabinet Company, Falk Corporation, Donaldson Company and EPOS Corporation. About 21 percent of jobs in Auburn, AL are in sales, office or administrative support positions. Another 14 percent are in management, business and finance.
Auburn Employment Trends
Auburn's unemployment rate is below the national average at just 5.3 percent. Recent job growth of 0.66 percent shows slow improvement. Future job growth is projected at 36 percent. The average household income in Auburn is $37,590. Though education and library jobs predictably make up over 16 percent of the jobs in Auburn, there are many other opportunities to explore in this charming town, and a growing number of small businesses and cutting-edge industries to offer employment.
Auburn is part of the greater Lee County area, but many residents who can't find their ideal position among Auburn jobs expand their search to include the neighboring counties of Macon, Russell, Chambers and Tallapoosa. This five-county region has a civilian labor force of 134,254.