Living in Cottonwood, Alabama
Cost of living, income, home prices, rent and demographics of Cottonwood · Census data 2020–2024
Cottonwood has 971 residents with a median age of 52.5. The median household income is $34,468 (46% lower than the Alabama median), the median home value is $111,500, the median rent is $339/month.
Cottonwood is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Cottonwood at a glance
- Population
- 971
- Median age
- 52.5State: 39.3
- Median household income
- $34,468State: $63,999
- Median home value
- $111,500State: $209,900
- Median rent
- $339/moState: $1,007
- Homeowners
- 66.8%
- Bachelor's degree or higher
- 7.5%
- Average commute
- 26 min
Is Cottonwood a good place to live?
Pros: Home values 47% lower than the state median; unemployment of 1.3%.
Cons: Median household income 46% lower than the Alabama median; an average commute of 26 minutes; a poverty rate of 27.6%.
The weather is best in March–April and October–November.
Cost of living in Cottonwood
Housing is the biggest part of the cost of living. In Cottonwood the median home value is $111,500, 66% lower than the U.S. median. Renters pay a median of $339 per month, which is 22.3% of household income. Homeowners with a mortgage pay $1,045 a month in housing costs.
Cottonwood median household income
The median household income in Cottonwood is $34,468 and the income per person is $24,307. 27.6% of residents live below the poverty line (Alabama: 15.6%).
Housing in Cottonwood: homes for sale and rent
- Housing units
- 579
- Owner-occupied
- 66.8%
- Renter-occupied
- 33.2%
- Vacant
- 15.7%Includes seasonal homes
- Median year built
- 1973
- Average household size
- 1.99
Cottonwood demographics
- Population
- 971
- Median age
- 52.5
- Under 18
- 11.5%
- 65 and older
- 22.9%
- Households
- 488
- Foreign-born
- 0.5%
- Veterans
- 11.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Cottonwood ›
Education in Cottonwood
7.5% of adults 25 and older in Cottonwood have a bachelor's degree or higher (Alabama: 28.4%), and 1.7% have a graduate or professional degree.
Jobs and commute in Cottonwood
- Unemployment rate
- 1.3%State: 4.7%
- Average commute
- 26 minState: 26 min
- Work from home
- 8.7%
- Drive alone
- 88.4%
- Public transit
- 0%
- Walk to work
- 2.6%
- Homes with broadband
- 73%
Cottonwood vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Cottonwood | 971 | $34,468 | $111,500 | $339 |
| Madrid | 220 | $39,750 | $122,500 | $1,000 |
| Avon | 378 | $39,375 | $122,500 | $666 |
| Campbellton | 217 | $50,208 | $77,100 | $1,125 |
| Rehobeth | 1,887 | $80,972 | $242,900 | $976 |
| Ashford | 2,447 | $65,341 | $180,100 | $994 |
| Malone | 1,998 | $45,000 | $82,500 | $684 |
| Cowarts | 2,204 | $64,118 | $177,700 | $902 |
| Taylor | 3,063 | $67,464 | $134,200 | $1,046 |
More for people moving to Cottonwood
Cottonwood ZIP code ›Weather and climate ›Living in Cottonwood: FAQ
What is the median household income in Cottonwood, AL?
The median household income in Cottonwood is $34,468, 46% lower 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 Cottonwood?
The median home value in Cottonwood is $111,500, compared with $209,900 in Alabama.
How much is rent in Cottonwood?
The median gross rent in Cottonwood is $339 per month, about 22.3% of household income.
Is Cottonwood, AL a good place to live?
Pluses: home values 47% lower than the state median; unemployment of 1.3%. Minuses: median household income 46% lower than the Alabama median; an average commute of 26 minutes; a poverty rate of 27.6%.
What is the median age in Cottonwood?
The median age in Cottonwood is 52.5 years (Alabama: 39.3).
How long is the commute in Cottonwood?
The average commute to work in Cottonwood is 26 minutes; 8.7% of workers work from home.
What is the unemployment rate in Cottonwood?
The unemployment rate in Cottonwood is 1.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Cottonwood?
7.5% of adults in Cottonwood 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.
Last updated: