Munford
Munford has notably lower household income than the US average, with a median household income of $29,861. Population has fallen 45% since 2000, a loss of 1,095 residents. 13% of adults hold a bachelor's degree or higher, below the national rate of 33%. Median home value has risen by half since 2000, reaching $73,100. The poverty rate of 26.6% is well above the national figure. Households here earn about 43% less than the Alabama median.
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How many people live in Munford, Alabama?
Munford, Alabama has about 1,351 residents according to the 2020 American Community Survey.
What is the median household income in Munford, Alabama?
The typical household in Munford, Alabama earns about $29,861 a year. Half of households make more than that, and half make less.
Is Munford, Alabama expensive?
In Munford, Alabama, the median home is worth about $73,100, and the typical rent is about $591 a month.
How educated are people in Munford, Alabama?
About 13.1% of adults age 25 and over in Munford, Alabama hold a bachelor's degree or higher.
What is the poverty rate in Munford, Alabama?
About 26.6% of people in Munford, Alabama live below the federal poverty line.
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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024