What percentage of people rent in Red Bay, AL?

41.7% (±9.3 points) of the occupied homes in Red Bay, AL are rented (2020–2024 American Community Survey).

That is 607 renting households against 850 that own their home.

In Red Bay, the share of households that rent went from 31.5% in 2015–2019 to 41.7% in 2020–2024 (+10.2 percentage points), not a measurable change.

Figures last updated on .

Households that rent
41.7% (±9.3 points)
Renting households
607 (±147)
Median renter income
$30,761 (±$2,572)

Who rents and who owns in Red Bay

Tenure, estimate (90% margin of error)
Red BayFranklin CountyAlabamaUnited States
Renter-occupied share41.7% (±9.3 points)27.6% (±3.0 points)29.8% (±0.3 points)34.8%
Renting households607 (±147)3,303 (±382)595,092 (±6,593)45,017,354
Owning households850 (±177)8,651 (±423)1,402,155 (±8,895)84,210,142
Average renter household size2.1 (±0.5)2.4 (±0.2)2.3 (±0.0)2.3
Average owner household size2.3 (±0.4)2.7 (±0.1)2.6 (±0.0)2.6
Median renter household income$30,761 (±$2,572)$31,716 (±$2,869)$38,294 (±$594)$52,966
Median owner household income$58,750 (±$22,604)$62,427 (±$5,955)$79,108 (±$602)$100,009

In Red Bay, the renter share is higher than in Franklin County (27.6%).

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

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

In Franklin County, Red Bay ranks 1 of 5 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 86 of 514.

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

How renting in Red Bay has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent31.5% (±8.1 points)41.7% (±9.3 points)+10.2 percentage pointsNot a measurable change
Median gross rent$473 (±$185)$542 (±$107)+14.6%No measurable change after inflation
Median household income$35,724 (±$6,588)$37,473 (±$14,051)+4.9%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 Red Bay

Nearest places with a published estimate, compared with Red Bay
PlaceDistanceHouseholds that rentCompared with this place
Red Bay—41.7% (±9.3 points)—
Golden4.5 mi48.3% (±26.2 points)Not measurably different
Vina6.0 mi29.1% (±13.0 points)Not measurably different
Belmont6.3 mi32.8% (±7.9 points)Not measurably different
Hodges14 mi15.4% (±11.5 points)Lower
Tishomingo15 mi32.5% (±14.7 points)Not measurably different
Tremont15 mi42.1% (±17.1 points)Not measurably different
Paden17 mi7.0% (±8.4 points)Lower
Fulton19 mi34.0% (±11.3 points)Not measurably different

Nearby places with a measurably lower figure: Hodges, AL (15.4%), Paden, MS (7.0%).

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

Households that rent across Franklin County, place by place

RankPlaceHouseholds that rent
1Red Bay41.7% (±9.3 points)
2Phil Campbell36.1% (±10.4 points)
3Russellville30.4% (±5.8 points)
4Vina29.1% (±13.0 points)
5Hodges15.4% (±11.5 points)

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 Red Bay

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Questions about Red Bay

How many renters are there in Red Bay?

Red Bay has an estimated 607 (±147) renting households, 41.7% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Red Bay?

In Red Bay, the share of households that rent went from 31.5% in 2015–2019 to 41.7% in 2020–2024 (+10.2 percentage points), not a measurable change.

How big are renting households in Red Bay?

A renting household in Red Bay has 2.1 people on average, against 2.3 in an owned home.

How much do renters earn in Red Bay?

The median renting household in Red Bay, AL has an income of $30,761 (±$2,572) a year, against $58,750 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 Red Bay city, Alabama (place:63576, 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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