Living in Margaret, Alabama
Cost of living, income, home prices, rent and demographics of Margaret · Census data 2020–2024
Margaret has 5,877 residents with a median age of 32.8. The median household income is $101,802 (59% higher than the Alabama median), the median home value is $230,900, the median rent is $1,117/month.
Margaret at a glance
- Population
- 5,877
- Median age
- 32.8State: 39.3
- Median household income
- $101,802State: $63,999
- Median home value
- $230,900State: $209,900
- Median rent
- $1,117/moState: $1,007
- Homeowners
- 87.3%
- Bachelor's degree or higher
- 20.3%
- Average commute
- 33 min
Is Margaret a good place to live?
Pros: Median household income 59% higher than the Alabama median; unemployment of 1.6%; a poverty rate of 3.7%.
Cons: Home values 10% higher than the state median; an average commute of 33 minutes.
The weather is best in April–May and September–October.
Cost of living in Margaret
Housing is the biggest part of the cost of living. In Margaret the median home value is $230,900, 31% lower than the U.S. median. Renters pay a median of $1,117 per month, which is 36.8% of household income. Homeowners with a mortgage pay $1,548 a month in housing costs.
Margaret median household income
The median household income in Margaret is $101,802 and the income per person is $37,313. 3.7% of residents live below the poverty line (Alabama: 15.6%).
Housing in Margaret: homes for sale and rent
- Housing units
- 2,197
- Owner-occupied
- 87.3%
- Renter-occupied
- 12.7%
- Vacant
- 6%Includes seasonal homes
- Median year built
- 2008
- Average household size
- 2.84
Margaret demographics
- Population
- 5,877
- Median age
- 32.8
- Under 18
- 24.7%
- 65 and older
- 8.5%
- Households
- 2,065
- Foreign-born
- 2.7%
- Veterans
- 4.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Margaret ›
Education in Margaret
20.3% of adults 25 and older in Margaret have a bachelor's degree or higher (Alabama: 28.4%), and 7.5% have a graduate or professional degree.
Jobs and commute in Margaret
- Unemployment rate
- 1.6%State: 4.7%
- Average commute
- 33 minState: 26 min
- Work from home
- 12.4%
- Drive alone
- 83.7%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 98.3%
Margaret vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Margaret | 5,877 | $101,802 | $230,900 | $1,117 |
| Argo | 4,479 | $105,128 | $248,100 | — |
| Odenville | 5,197 | $70,296 | $223,600 | $1,581 |
| Springville | 5,081 | $84,231 | $284,300 | $834 |
| Moody | 13,488 | $86,627 | $237,500 | $1,553 |
| Trussville | 26,673 | $123,275 | $370,300 | $1,711 |
| Clay | 10,273 | $81,920 | $220,600 | $2,240 |
| Grayson Valley | 6,077 | $64,597 | $148,400 | $1,312 |
| Leeds | 12,028 | $69,737 | $224,600 | $1,058 |
More for people moving to Margaret
Margaret ZIP code ›Weather and climate ›Living in Margaret: FAQ
What is the median household income in Margaret, AL?
The median household income in Margaret is $101,802, 59% 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 Margaret?
The median home value in Margaret is $230,900, compared with $209,900 in Alabama.
How much is rent in Margaret?
The median gross rent in Margaret is $1,117 per month, about 36.8% of household income.
Is Margaret, AL a good place to live?
Pluses: median household income 59% higher than the Alabama median; unemployment of 1.6%; a poverty rate of 3.7%. Minuses: home values 10% higher than the state median; an average commute of 33 minutes.
What is the median age in Margaret?
The median age in Margaret is 32.8 years (Alabama: 39.3).
How long is the commute in Margaret?
The average commute to work in Margaret is 33 minutes; 12.4% of workers work from home.
What is the unemployment rate in Margaret?
The unemployment rate in Margaret is 1.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Margaret?
20.3% of adults in Margaret 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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