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Hanceville, Alabama

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
3,270
Population
$41,791
Median Income
$169,800
Home Value
45.3
Median Age

Demographics

Hanceville has a population of 3,270 with a median age of 45.3. Here is the racial and ethnic breakdown of the population:

White
90.3%
Hispanic
3.9%
Black
3.5%
Other
2.3%
Demographic Value
Total Population3,270
Median Age45.3
White90.3%
Black or African American3.5%
Hispanic or Latino3.9%
Other / Two or More Races2.3%
Hanceville, Alabama — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.White: 90.3%Hispanic/Latino: 3.9%Black: 3.5%Other: 2.3%3,270PopulationWhiteWhite90.3%Hispanic/LatinoHispanic/Latino3.9%BlackBlack3.5%OtherOther2.3%

Income & Economy

The median household income in Hanceville is $41,791, which is 48.2% below the national median of $80,610. The per capita income is $23,627. The poverty rate is 16.6%.

$41,791
Median Household Income
$23,627
Per Capita Income
16.6%
Poverty Rate

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Education

In Hanceville, 79.2% of residents age 25+ have a high school diploma or higher, and 10.9% hold a bachelor's degree or higher (3.9% with a graduate or professional degree).

HS Diploma+
79.2%
Bachelor's+
10.9%
Graduate+
3.9%
Education Level % of Adults (25+)
High School Diploma or Higher79.2%
Bachelor's Degree or Higher10.9%
Graduate or Professional Degree3.9%

Housing

The median home value in Hanceville is $169,800, below the national median of $303,400. The median monthly rent is $812. The homeownership rate is 58.3%.

$169,800
Median Home Value
$812/mo
Median Rent
58.3%
Homeownership Rate
Housing Metric Value
Median Home Value$169,800
Median Monthly Rent$812
Homeownership Rate58.3%
Vacancy Rate10.9%

Salaries in Alabama

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Other Cities in Alabama

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Frequently Asked Questions

What is the population of Hanceville, Alabama?
The population of Hanceville, Alabama is 3,270 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Hanceville, Alabama?
The median household income in Hanceville, Alabama is $41,791. This is 48.2% below the national median of $80,610.
What is the median home value in Hanceville, Alabama?
The median home value in Hanceville, Alabama is $169,800. The median monthly rent is $812.
What percentage of people in Hanceville have a college degree?
In Hanceville, Alabama, 10.9% of adults age 25 and older hold a bachelor's degree or higher, and 79.2% have a high school diploma or higher.
Is Hanceville, Alabama an affordable place to live?
The home price-to-income ratio in Hanceville, Alabama is 4.1x (median home value $169,800 vs. median income $41,791), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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