Alabama · Census place 32968
Hanceville city, AL
Quick answer
Hanceville city has 3,255 residents, ranking #162 of 593 places in Alabama. Median household income is $39,894, the median home is worth $164,500 and median gross rent runs $744 a month.
- Population
- 3,255Hanceville city residents
- Median household income
- $39,894Past 12 months, inflation adjusted
- Median home value
- $164,500Owner-occupied units
- Median gross rent
- $744Rent plus utilities, monthly
- Median age
- 40.8 yrsAll residents
- Homeownership rate
- 53.2%Owner-occupied households
What the numbers mean in Hanceville city
Housing cost measured against local earnings.
A household earning the Hanceville city median would spend about 22.4% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 4.1× the median household income; nationally that ratio sits near 4.5×. Poverty affects 17.5% of residents and 53.2% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Alabama.
- East Brewton city 3,325
- Weaver city 3,323
- Union Springs city 3,287
- Livingston city 3,243
- Red Bay city 3,213
- Warrior city 3,204
- Choccolocco CDP 3,120
Keep going
More Alabama coverage.