What percentage of people rent in Hanceville, AL?

41.7% (±9.5 points) of the occupied homes in Hanceville, AL are rented (2020–2024 American Community Survey).

That is 568 renting households against 794 that own their home.

In Hanceville, the share of households that rent went from 42.0% in 2015–2019 to 41.7% in 2020–2024 (−0.3 percentage points), not a measurable change.

Figures last updated on .

Households that rent
41.7% (±9.5 points)
Renting households
568 (±166)
Median renter income
$22,091 (±$3,672)

Who rents and who owns in Hanceville

Tenure, estimate (90% margin of error)
HancevilleCullman CountyAlabamaUnited States
Renter-occupied share41.7% (±9.5 points)23.4% (±1.7 points)29.8% (±0.3 points)34.8%
Renting households568 (±166)8,259 (±623)595,092 (±6,593)45,017,354
Owning households794 (±135)27,088 (±680)1,402,155 (±8,895)84,210,142
Average renter household size1.9 (±0.4)2.4 (±0.1)2.3 (±0.0)2.3
Average owner household size2.4 (±0.3)2.6 (±0.1)2.6 (±0.0)2.6
Median renter household income$22,091 (±$3,672)$41,345 (±$4,396)$38,294 (±$594)$52,966
Median owner household income$72,917 (±$23,999)$73,787 (±$3,840)$79,108 (±$602)$100,009

In Hanceville, the renter share is higher than in Cullman County (23.4%).

It is also higher than in Alabama (29.8%).

It is not measurably different from the national figure (34.8%).

In Cullman County, Hanceville ranks 2 of 12 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 83 of 514.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in Hanceville has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent42.0% (±7.9 points)41.7% (±9.5 points)−0.3 percentage pointsNot a measurable change
Median gross rent$668 (±$77)$812 (±$165)+21.6%No measurable change after inflation
Median household income$32,668 (±$6,416)$41,791 (±$8,363)+27.9%No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Households that rent in places near Hanceville

Nearest places with a published estimate, compared with Hanceville
PlaceDistanceHouseholds that rentCompared with this place
Hanceville—41.7% (±9.5 points)—
Garden City3.5 mi17.6% (±10.6 points)Lower
Good Hope6.7 mi28.5% (±11.1 points)Not measurably different
Dodge City7.1 mi11.7% (±8.0 points)Lower
Berlin8.4 mi25.5% (±11.2 points)Lower
Cullman8.9 mi38.5% (±4.6 points)Not measurably different
Nectar10 mi22.0% (±13.9 points)Lower
Blountsville10 mi42.9% (±10.0 points)Not measurably different
Holly Pond11 mi42.9% (±10.7 points)Not measurably different

Nearby places with a measurably lower figure: Garden City, AL (17.6%), Dodge City, AL (11.7%), Berlin, AL (25.5%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across Cullman County, place by place

RankPlaceHouseholds that rent
1Holly Pond42.9% (±10.7 points)
2Hanceville41.7% (±9.5 points)
3Cullman38.5% (±4.6 points)
4Fairview33.1% (±13.1 points)
5South Vinemont30.9% (±14.6 points)
6Good Hope28.5% (±11.1 points)
7Berlin25.5% (±11.2 points)
8West Point24.2% (±13.5 points)

Showing 8 of 12 places in Cullman County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

What you can do on Seayora in Hanceville

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Questions about Hanceville

How many renters are there in Hanceville?

Hanceville has an estimated 568 (±166) renting households, 41.7% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Hanceville?

In Hanceville, the share of households that rent went from 42.0% in 2015–2019 to 41.7% in 2020–2024 (−0.3 percentage points), not a measurable change.

How big are renting households in Hanceville?

A renting household in Hanceville has 1.9 people on average, against 2.4 in an owned home.

How much do renters earn in Hanceville?

The median renting household in Hanceville, AL has an income of $22,091 (±$3,672) a year, against $72,917 for households that own their home.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Hanceville city, Alabama (place:32968, in state:01).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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