Alabama · Census place 78264
Vance town, AL
Quick answer
Vance town has 1,822 residents, ranking #237 of 593 places in Alabama. Median household income is $76,654, the median home is worth $208,600 and median gross rent runs $1,094 a month.
- Population
- 1,822Vance town residents
- Median household income
- $76,654Past 12 months, inflation adjusted
- Median home value
- $208,600Owner-occupied units
- Median gross rent
- $1,094Rent plus utilities, monthly
- Median age
- 30.2 yrsAll residents
- Homeownership rate
- 83.5%Owner-occupied households
What the numbers mean in Vance town
Housing cost measured against local earnings.
A household earning the Vance town median would spend about 17.1% 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 2.7× the median household income; nationally that ratio sits near 4.5×. Poverty affects 7.6% of residents and 83.5% 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.
- Florala town 1,841
- Malvern town 1,836
- Collinsville town 1,835
- Vernon city 1,819
- Sardis City town 1,805
- Midland City town 1,803
- Carlisle-Rockledge CDP 1,791
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