Living in Anderson, Alabama
Cost of living, income, home prices, rent and demographics of Anderson · Census data 2020–2024
Anderson has 410 residents with a median age of 47. The median household income is $110,682 (73% higher than the Alabama median), the median home value is $304,300, the median rent is $900/month.
Anderson is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Anderson at a glance
- Population
- 410
- Median age
- 47State: 39.3
- Median household income
- $110,682State: $63,999
- Median home value
- $304,300State: $209,900
- Median rent
- $900/moState: $1,007
- Homeowners
- 90.4%
- Bachelor's degree or higher
- 26.1%
- Average commute
- 32 min
Is Anderson a good place to live?
Pros: Median household income 73% higher than the Alabama median; unemployment of 0.8%; a poverty rate of 3.2%.
Cons: Home values 45% higher than the state median; an average commute of 32 minutes.
The weather is best in April–May and September–October.
Cost of living in Anderson
Housing is the biggest part of the cost of living. In Anderson the median home value is $304,300, 9% lower than the U.S. median. Renters pay a median of $900 per month, which is 10% of household income. Homeowners with a mortgage pay $1,349 a month in housing costs.
Anderson median household income
The median household income in Anderson is $110,682 and the income per person is $42,527. 3.2% of residents live below the poverty line (Alabama: 15.6%).
Housing in Anderson: homes for sale and rent
- Housing units
- 193
- Owner-occupied
- 90.4%
- Renter-occupied
- 9.6%
- Vacant
- 7.8%Includes seasonal homes
- Median year built
- 1987
- Average household size
- 2.30
Anderson demographics
- Population
- 410
- Median age
- 47
- Under 18
- 10.7%
- 65 and older
- 22.9%
- Households
- 178
- Foreign-born
- 5.6%
- Veterans
- 10.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Anderson ›
Education in Anderson
26.1% of adults 25 and older in Anderson have a bachelor's degree or higher (Alabama: 28.4%), and 7.7% have a graduate or professional degree.
Jobs and commute in Anderson
- Unemployment rate
- 0.8%State: 4.7%
- Average commute
- 32 minState: 26 min
- Work from home
- 3.2%
- Drive alone
- 93.6%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 97.8%
Anderson vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Anderson | 410 | $110,682 | $304,300 | $900 |
| Rogersville | 1,260 | $66,127 | $185,800 | $912 |
| Lexington | 638 | $57,356 | $202,400 | $642 |
| Lester | 181 | $80,833 | $220,800 | — |
| Minor Hill | 704 | $52,845 | $172,900 | $763 |
| Loretto | 1,731 | $55,592 | $161,900 | $737 |
| Killen | 1,150 | $69,722 | $175,000 | $960 |
| St. Joseph | 783 | $49,112 | $171,300 | $631 |
| North Courtland | 427 | $32,813 | — | $346 |
More for people moving to Anderson
Anderson ZIP code ›Weather and climate ›Living in Anderson: FAQ
What is the median household income in Anderson, AL?
The median household income in Anderson is $110,682, 73% higher than the Alabama median of $63,999 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Anderson?
The median home value in Anderson is $304,300, compared with $209,900 in Alabama.
How much is rent in Anderson?
The median gross rent in Anderson is $900 per month, about 10% of household income.
Is Anderson, AL a good place to live?
Pluses: median household income 73% higher than the Alabama median; unemployment of 0.8%; a poverty rate of 3.2%. Minuses: home values 45% higher than the state median; an average commute of 32 minutes.
What is the median age in Anderson?
The median age in Anderson is 47 years (Alabama: 39.3).
How long is the commute in Anderson?
The average commute to work in Anderson is 32 minutes; 3.2% of workers work from home.
What is the unemployment rate in Anderson?
The unemployment rate in Anderson is 0.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Anderson?
26.1% of adults in Anderson have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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