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Vance, 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
2,105
Population
$94,545
Median Income
$225,400
Home Value
28.9
Median Age

Demographics

Vance has a population of 2,105 with a median age of 28.9. Here is the racial and ethnic breakdown of the population:

White
81.3%
Black
11.7%
Other
3.9%
Hispanic
3.1%
Demographic Value
Total Population2,105
Median Age28.9
White81.3%
Black or African American11.7%
Hispanic or Latino3.1%
Other / Two or More Races3.9%
Vance, Alabama — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.White: 81.3%Black: 11.7%Other: 3.9%Hispanic/Latino: 3.1%2,105PopulationWhiteWhite81.3%BlackBlack11.7%OtherOther3.9%Hispanic/LatinoHispanic/Latino3.1%

Income & Economy

The median household income in Vance is $94,545, which is 17.3% above the national median of $80,610. The per capita income is $34,500. The poverty rate is 7.3%.

$94,545
Median Household Income
$34,500
Per Capita Income
7.3%
Poverty Rate

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Education

In Vance, 95.1% of residents age 25+ have a high school diploma or higher, and 22.7% hold a bachelor's degree or higher (7.4% with a graduate or professional degree).

HS Diploma+
95.1%
Bachelor's+
22.7%
Graduate+
7.4%
Education Level % of Adults (25+)
High School Diploma or Higher95.1%
Bachelor's Degree or Higher22.7%
Graduate or Professional Degree7.4%

Housing

The median home value in Vance is $225,400, below the national median of $303,400. The median monthly rent is $1,550. The homeownership rate is 82.6%.

$225,400
Median Home Value
$1,550/mo
Median Rent
82.6%
Homeownership Rate
Housing Metric Value
Median Home Value$225,400
Median Monthly Rent$1,550
Homeownership Rate82.6%
Vacancy Rate8.9%

Salaries in Alabama

Explore salary data for popular occupations in Alabama:

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Other Cities in Alabama

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Frequently Asked Questions

What is the population of Vance, Alabama?
The population of Vance, Alabama is 2,105 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Vance, Alabama?
The median household income in Vance, Alabama is $94,545. This is 17.3% above the national median of $80,610.
What is the median home value in Vance, Alabama?
The median home value in Vance, Alabama is $225,400. The median monthly rent is $1,550.
What percentage of people in Vance have a college degree?
In Vance, Alabama, 22.7% of adults age 25 and older hold a bachelor's degree or higher, and 95.1% have a high school diploma or higher.
Is Vance, Alabama an affordable place to live?
The home price-to-income ratio in Vance, Alabama is 2.4x (median home value $225,400 vs. median income $94,545), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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