Living in Vance, Alabama
Cost of living, income, home prices, rent and demographics of Vance · Census data 2020–2024
Vance has 2,105 residents with a median age of 28.9. The median household income is $94,545 (48% higher than the Alabama median), the median home value is $225,400, the median rent is $1,550/month.
Vance at a glance
- Population
- 2,105
- Median age
- 28.9State: 39.3
- Median household income
- $94,545State: $63,999
- Median home value
- $225,400State: $209,900
- Median rent
- $1,550/moState: $1,007
- Homeowners
- 82.6%
- Bachelor's degree or higher
- 22.7%
- Average commute
- 33 min
Is Vance a good place to live?
Pros: Median household income 48% higher than the Alabama median; unemployment of 1.3%; a poverty rate of 7.3%.
Cons: Home values 7% 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 Vance
Housing is the biggest part of the cost of living. In Vance the median home value is $225,400, 32% lower than the U.S. median. Renters pay a median of $1,550 per month, which is 23.3% of household income. Homeowners with a mortgage pay $1,388 a month in housing costs.
Vance median household income
The median household income in Vance is $94,545 and the income per person is $34,500. 7.3% of residents live below the poverty line (Alabama: 15.6%).
Housing in Vance: homes for sale and rent
- Housing units
- 797
- Owner-occupied
- 82.6%
- Renter-occupied
- 17.4%
- Vacant
- 8.9%Includes seasonal homes
- Median year built
- 2005
- Average household size
- 2.90
Vance demographics
- Population
- 2,105
- Median age
- 28.9
- Under 18
- 24.3%
- 65 and older
- 6.9%
- Households
- 726
- Foreign-born
- 2.1%
- Veterans
- 8.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Vance ›
Education in Vance
22.7% of adults 25 and older in Vance have a bachelor's degree or higher (Alabama: 28.4%), and 7.4% have a graduate or professional degree.
Jobs and commute in Vance
- Unemployment rate
- 1.3%State: 4.7%
- Average commute
- 33 minState: 26 min
- Work from home
- 7.9%
- Drive alone
- 85.3%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 92.4%
Vance vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Vance | 2,105 | $94,545 | $225,400 | $1,550 |
| Woodstock | 1,218 | $73,438 | $195,800 | $1,027 |
| West Blocton | 1,077 | $40,560 | $99,500 | — |
| Coaling | 2,573 | $81,370 | $228,000 | $1,254 |
| Brookwood | 2,706 | $81,394 | $188,300 | $1,097 |
| Lake View | 4,063 | $101,487 | $304,400 | $1,676 |
| Cottondale | 2,632 | $44,877 | $139,200 | $935 |
| McCalla | 13,253 | $87,468 | $279,900 | $1,777 |
| North Johns | 129 | $49,205 | $74,600 | — |
More for people moving to Vance
Vance ZIP code ›Weather and climate ›Living in Vance: FAQ
What is the median household income in Vance, AL?
The median household income in Vance is $94,545, 48% 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 Vance?
The median home value in Vance is $225,400, compared with $209,900 in Alabama.
How much is rent in Vance?
The median gross rent in Vance is $1,550 per month, about 23.3% of household income.
Is Vance, AL a good place to live?
Pluses: median household income 48% higher than the Alabama median; unemployment of 1.3%; a poverty rate of 7.3%. Minuses: home values 7% higher than the state median; an average commute of 33 minutes.
What is the median age in Vance?
The median age in Vance is 28.9 years (Alabama: 39.3).
How long is the commute in Vance?
The average commute to work in Vance is 33 minutes; 7.9% of workers work from home.
What is the unemployment rate in Vance?
The unemployment rate in Vance is 1.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Vance?
22.7% of adults in Vance 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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