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ZipNumbers

Alabama · Census place 58968

Pennington town, AL

Quick answer

Pennington town has 536 residents, ranking #413 of 593 places in Alabama. Median household income is $28,186, the median home is worth $81,500 and median gross rent runs $376 a month.

Population
536Pennington town residents
Median household income
$28,186Past 12 months, inflation adjusted
Median home value
$81,500Owner-occupied units
Median gross rent
$376Rent plus utilities, monthly
Median age
38.4 yrsAll residents
Homeownership rate
73.1%Owner-occupied households

What the numbers mean in Pennington town

Housing cost measured against local earnings.

A household earning the Pennington town median would spend about 16% 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 2.9× the median household income; nationally that ratio sits near 4.5×. Poverty affects 10.8% of residents and 73.1% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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