Living in Putnam, Alabama
Cost of living, income, home prices, rent and demographics of Putnam · Census data 2020–2024
Putnam has 75 residents with a median age of 60.4. The median household income is $39,141 (39% lower than the Alabama median), the median home value is $89,000.
Putnam is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Putnam at a glance
- Population
- 75
- Median age
- 60.4State: 39.3
- Median household income
- $39,141State: $63,999
- Median home value
- $89,000State: $209,900
- Homeowners
- 100%
- Bachelor's degree or higher
- 6.7%
Is Putnam a good place to live?
Pros: Home values 58% lower than the state median.
Cons: Median household income 39% lower than the Alabama median; a poverty rate of 34.7%.
The weather is best in March–April and October–November.
Cost of living in Putnam
Housing is the biggest part of the cost of living. In Putnam the median home value is $89,000, 73% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay — a month in housing costs.
Putnam median household income
The median household income in Putnam is $39,141 and the income per person is $44,225. 34.7% of residents live below the poverty line (Alabama: 15.6%).
Housing in Putnam: homes for sale and rent
- Housing units
- 127
- Owner-occupied
- 100%
- Renter-occupied
- 0%
- Vacant
- 52%Includes seasonal homes
- Median year built
- 1959
- Average household size
- 1.23
52% of homes are vacant most of the year, a sign that Putnam has many vacation and second homes.
Putnam demographics
- Population
- 75
- Median age
- 60.4
- Under 18
- 0%
- 65 and older
- 41.3%
- Households
- 61
- Foreign-born
- 0%
- Veterans
- 0%Adults 18+
Hispanic or Latino can be of any race. Population history of Putnam ›
Education in Putnam
6.7% of adults 25 and older in Putnam have a bachelor's degree or higher (Alabama: 28.4%), and 0% have a graduate or professional degree.
Jobs and commute in Putnam
- Unemployment rate
- 0%State: 4.7%
- Average commute
- —State: 26 min
- Work from home
- 0%
- Drive alone
- 100%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 90.2%
Putnam vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Putnam | 75 | $39,141 | $89,000 | — |
| Sweet Water | 216 | $52,411 | $161,600 | $780 |
| Butler | 2,386 | $47,350 | $145,300 | $744 |
| Pennington | 591 | $29,052 | $90,800 | $385 |
| Coffeeville | 237 | $30,156 | $82,000 | — |
| Toxey | 239 | $62,857 | $181,300 | — |
| Lisman | 437 | $38,235 | — | — |
| Thomasville | 3,619 | $42,671 | $116,000 | $968 |
| Gilbertown | 770 | $70,156 | $160,400 | $983 |
More for people moving to Putnam
Putnam ZIP code ›Weather and climate ›Living in Putnam: FAQ
What is the median household income in Putnam, AL?
The median household income in Putnam is $39,141, 39% 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 Putnam?
The median home value in Putnam is $89,000, compared with $209,900 in Alabama.
Is Putnam, AL a good place to live?
Pluses: home values 58% lower than the state median. Minuses: median household income 39% lower than the Alabama median; a poverty rate of 34.7%.
What is the median age in Putnam?
The median age in Putnam is 60.4 years (Alabama: 39.3).
What is the unemployment rate in Putnam?
The unemployment rate in Putnam is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Putnam?
6.7% of adults in Putnam 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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