Fort Payne is a city in Alabama state in USA with a population of 14063 residents.. The poverty rate of Fort Payne is 24.6%, which is 76% higher than national average. The typical household in Fort Payne earns $42200 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 4 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 14 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 60.2% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Fort Payne, only 77% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Fort Payne remained 7.9%, which is 68% higher than national rate. Nearly 2 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Fort Payne, only 18% of adults have a bachelor's degree and 32% have some college but no degree.

Cost of living in Fort Payne is 85, which is 15% lower than national average. Median home value in Fort Payne is $130400 , which is 43% lower than national average. While median income in Fort Payne remained $42200, which is 37% lower than national average.