Mobile Metro

Mobile

About the Community of Mobile

Mobile is ranked one of the nation’s top growing metro areas and best places to live. The low cost of doing business, diverse business base, availability of professional and skilled jobs, intermodal transportation hub and quality lifestyle continue to attract people and business.

Alabama’s only saltwater port, Mobile is located at the head of the Mobile Bay and the north-central Gulf Coast. The Port of Mobile has always played a key role in the economic health of the city beginning with the city as a key trading center between the French and Native Americans down to its current role as the 12th-largest port in the United States. Mobile is the principal municipality of the Mobile Metropolitan Statistical Area, a region of 412,992 residents which is composed solely of Mobile County and is the third-largest metropolitan statistical area in the state.

Mobile Economy

Mobile was forecast to have the fastest growing economy over a five-year span (2008-2012) among 363 American metropolitan areas according to Moody’s Economy.com. This ranking, along with other recent accolades for the city, are due in large part to the cultivation of multiple economic sectors. Not dependent on one industry for the success or failure of the Mobile Bay region, the economy has successfully diversified away from its once traditional paper and chemical industry core. The Mobile Bay region’s 23,693 businesses make it a center for finance, healthcare, education, manufacturing, transportation, construction, distribution, retail trade and technology. The Mobile Bay region’s employment stood at 238,410 in 2011. The 11-county direct market area combines a total civilian labor force of more than 575,000.

Benefiting from abundant natural resources, a diversified work force, and a prime location, Mobile enjoyed steady economic expansion throughout the twentieth century. Since 1990 the city has had its healthiest economy in decades, based on factors such as tax revenue, Port of Mobile tonnage, total employment, and residential sales.

Medicine and research, aerospace, retail trade, services, construction, and manufacturing are among Mobile’s major businesses. From 1993 to 2003, 87 new companies were created and 399 existing companies were expanded, resulting in 13,983 new jobs. The city’s fastest-growing jobs are those in tourism and services.

Mobile, long recognized as a prime port location, experienced a period of strong growth in the 1990s that continued into the new century. The Port of Mobile is one of the largest deepwater ports in the United States, served by more than 130 steamship lines providing substantial shipping capabilities connected to 376 inland dock facilities. Mobile also boasts two huge ship repair businesses and numerous barge repair companies; more than 300 private firms work to support the maritime industry in Mobile.

Mobile Education

There are at least 7 colleges in Mobile. These schools represent 19,857 or more students.
The largest schools here include University of South Alabama and Bishop State Community College.

Housing in Mobile

As with other Alabama cities, Mobile benefits from low property tax rates that increases ROI. The average median house price is $81,300 with distressed properties selling at a 40% discount. With an excellent affordability factor and 36% of homes being rentals, Mobile lends itself to multiple real estate investment strategies.

Mobile History

One of the oldest cities in the United States, Mobile is the seat of Mobile County in the southwestern corner of Alabama along Interstate Highway 10, on the banks of the Mobile River. As a port city, its influences were shaped by the varied cargoes and exotic travelers that constantly passed through.

Founded in 1702 as Fort Louis de la Mobile, the city was ruled by the French (1702-1762). In 1723, the French built Fort Conde for the settlement’s defense. The current Fort Conde, about one third of the original fort, recreated in 4/5ths scale, opened on July 4, 1976, as part of Mobileu0092s U.S. Bicentennial celebration.

Culture in Mobile

The newly expanded Mobile Museum of Art, gracing the lake of Langan Park, is a beautiful addition to Mobile’s culture and architecture. This spectacular museum is now the largest art museum along the Gulf Coast from New Orleans to Tampa. 21st Century innovative exhibits come alive at The Museum of Mobile. Explore Mobile as the first Americans saw it. Relive the passage on an African slave ship. Listen to the stories of Civil War soldiers, and feel the power of nature’s raging storm, the hurricane. Interactive kids exhibits also.