Living in Pennington, Alabama
Cost of living, income, home prices, rent and demographics of Pennington · Census data 2020–2024
Pennington has 591 residents with a median age of 38.3. The median household income is $29,052 (55% lower than the Alabama median), the median home value is $90,800, the median rent is $385/month.
Pennington is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Pennington at a glance
- Population
- 591
- Median age
- 38.3State: 39.3
- Median household income
- $29,052State: $63,999
- Median home value
- $90,800State: $209,900
- Median rent
- $385/moState: $1,007
- Homeowners
- 69.4%
- Bachelor's degree or higher
- 10.9%
- Average commute
- 33 min
Is Pennington a good place to live?
Pros: Home values 57% lower than the state median; a poverty rate of 10.3%.
Cons: Median household income 55% lower than the Alabama median; an average commute of 33 minutes; unemployment of 6.7%.
The weather is best in April–May and September–October.
Cost of living in Pennington
Housing is the biggest part of the cost of living. In Pennington the median home value is $90,800, 73% lower than the U.S. median. Renters pay a median of $385 per month, which is 17.2% of household income. Homeowners with a mortgage pay $1,135 a month in housing costs.
Pennington median household income
The median household income in Pennington is $29,052 and the income per person is $30,618. 10.3% of residents live below the poverty line (Alabama: 15.6%).
Housing in Pennington: homes for sale and rent
- Housing units
- 305
- Owner-occupied
- 69.4%
- Renter-occupied
- 30.6%
- Vacant
- 18.7%Includes seasonal homes
- Median year built
- 1987
- Average household size
- 2.38
Pennington demographics
- Population
- 591
- Median age
- 38.3
- Under 18
- 36.2%
- 65 and older
- 5.2%
- Households
- 248
- Foreign-born
- 0%
- Veterans
- 12.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Pennington ›
Education in Pennington
10.9% of adults 25 and older in Pennington have a bachelor's degree or higher (Alabama: 28.4%), and 5.4% have a graduate or professional degree.
Jobs and commute in Pennington
- Unemployment rate
- 6.7%State: 4.7%
- Average commute
- 33 minState: 26 min
- Work from home
- 0.5%
- Drive alone
- 84.6%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 65.7%
Pennington vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Pennington | 591 | $29,052 | $90,800 | $385 |
| Sweet Water | 216 | $52,411 | $161,600 | $780 |
| Butler | 2,386 | $47,350 | $145,300 | $744 |
| Lisman | 437 | $38,235 | — | — |
| Linden | 1,961 | $38,667 | $92,400 | $768 |
| Providence | 112 | $50,000 | $165,900 | — |
| Bellamy | 158 | $53,011 | $105,000 | — |
| Demopolis | 6,908 | $34,802 | $183,600 | $692 |
| Thomaston | 308 | $58,125 | $92,700 | $1,094 |
More for people moving to Pennington
Pennington ZIP code ›Weather and climate ›Living in Pennington: FAQ
What is the median household income in Pennington, AL?
The median household income in Pennington is $29,052, 55% 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 Pennington?
The median home value in Pennington is $90,800, compared with $209,900 in Alabama.
How much is rent in Pennington?
The median gross rent in Pennington is $385 per month, about 17.2% of household income.
Is Pennington, AL a good place to live?
Pluses: home values 57% lower than the state median; a poverty rate of 10.3%. Minuses: median household income 55% lower than the Alabama median; an average commute of 33 minutes; unemployment of 6.7%.
What is the median age in Pennington?
The median age in Pennington is 38.3 years (Alabama: 39.3).
How long is the commute in Pennington?
The average commute to work in Pennington is 33 minutes; 0.5% of workers work from home.
What is the unemployment rate in Pennington?
The unemployment rate in Pennington is 6.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Pennington?
10.9% of adults in Pennington 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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