Living in Hanceville, Alabama
Cost of living, income, home prices, rent and demographics of Hanceville · Census data 2020–2024
Hanceville has 3,270 residents with a median age of 45.3. The median household income is $41,791 (35% lower than the Alabama median), the median home value is $169,800, the median rent is $812/month.
Hanceville at a glance
- Population
- 3,270
- Median age
- 45.3State: 39.3
- Median household income
- $41,791State: $63,999
- Median home value
- $169,800State: $209,900
- Median rent
- $812/moState: $1,007
- Homeowners
- 58.3%
- Bachelor's degree or higher
- 10.9%
- Average commute
- 28 min
Is Hanceville a good place to live?
Pros: Home values 19% lower than the state median; unemployment of 0%.
Cons: Median household income 35% lower than the Alabama median; an average commute of 28 minutes; a poverty rate of 16.6%.
The weather is best in April–May and September–October.
Cost of living in Hanceville
Housing is the biggest part of the cost of living. In Hanceville the median home value is $169,800, 49% lower than the U.S. median. Renters pay a median of $812 per month, which is 39% of household income. Homeowners with a mortgage pay $1,291 a month in housing costs.
Hanceville median household income
The median household income in Hanceville is $41,791 and the income per person is $23,627. 16.6% of residents live below the poverty line (Alabama: 15.6%).
Housing in Hanceville: homes for sale and rent
- Housing units
- 1,529
- Owner-occupied
- 58.3%
- Renter-occupied
- 41.7%
- Vacant
- 10.9%Includes seasonal homes
- Median year built
- 1981
- Average household size
- 2.15
Hanceville demographics
- Population
- 3,270
- Median age
- 45.3
- Under 18
- 14.6%
- 65 and older
- 24.5%
- Households
- 1,362
- Foreign-born
- 2.8%
- Veterans
- 10.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Hanceville ›
Education in Hanceville
10.9% of adults 25 and older in Hanceville have a bachelor's degree or higher (Alabama: 28.4%), and 3.9% have a graduate or professional degree.
Jobs and commute in Hanceville
- Unemployment rate
- 0%State: 4.7%
- Average commute
- 28 minState: 26 min
- Work from home
- 2.7%
- Drive alone
- 81.9%
- Public transit
- 0%
- Walk to work
- 3.2%
- Homes with broadband
- 90.4%
Hanceville vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Hanceville | 3,270 | $41,791 | $169,800 | $812 |
| Garden City | 557 | $48,333 | $108,700 | — |
| Good Hope | 2,574 | $93,661 | $203,100 | $884 |
| Dodge City | 494 | $63,594 | $147,100 | $667 |
| Berlin | 887 | $70,982 | $146,600 | $1,574 |
| East Point | 293 | $160,531 | $230,600 | — |
| Cullman | 19,319 | $61,224 | $238,900 | $925 |
| Nectar | 460 | $51,979 | $168,300 | $1,196 |
| Blountsville | 1,648 | $48,182 | $130,800 | $924 |
More for people moving to Hanceville
Hanceville ZIP code ›Weather and climate ›Living in Hanceville: FAQ
What is the median household income in Hanceville, AL?
The median household income in Hanceville is $41,791, 35% 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 Hanceville?
The median home value in Hanceville is $169,800, compared with $209,900 in Alabama.
How much is rent in Hanceville?
The median gross rent in Hanceville is $812 per month, about 39% of household income.
Is Hanceville, AL a good place to live?
Pluses: home values 19% lower than the state median; unemployment of 0%. Minuses: median household income 35% lower than the Alabama median; an average commute of 28 minutes; a poverty rate of 16.6%.
What is the median age in Hanceville?
The median age in Hanceville is 45.3 years (Alabama: 39.3).
How long is the commute in Hanceville?
The average commute to work in Hanceville is 28 minutes; 2.7% of workers work from home.
What is the unemployment rate in Hanceville?
The unemployment rate in Hanceville is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Hanceville?
10.9% of adults in Hanceville 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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