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Housing Affordability in Pennington, AL
Households that spend 30% or more of income on housing, rent and owner costs compared with income. American Community Survey 2020-2024 5-year estimates.
- Households paying 30%+ for housing
- 18.3%
- Alabama 26.3%
- Renters paying 30%+
- 0.0%
- Alabama 48.8%
- Homeowners paying 30%+
- 25.6%
- Alabama 17.9%
- Owner costs with a mortgage
- $1,135/mo
- Alabama $1,433/mo
Pennington has fewer than 10,000 residents, so these survey estimates have wide margins of error. Compare with care.
Housing costs compared with income
- Renters paying 30% or more00.0%
- Homeowners paying 30% or more4425.6%
- Renters paying 50% or more00.0%
- Median rent as a share of income: 17.2%
- Median owner costs as a share of income, with a mortgage: 33.6%
- Median owner costs without a mortgage: $480/mo
- Median home value divided by median household income: 3.1
How it compares
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| Area | Households paying 30%+ for housing | Renters 30%+ | Owners 30%+ | Median rent as % of income |
|---|---|---|---|---|
| Pennington, AL | 18.3% | 0.0% | 25.6% | 17.2% |
| Choctaw County | 18.4% | 37.5% | 15.7% | 23.7% |
| Alabama | 26.3% | 48.8% | 17.9% | 29.5% |
| United States | 32.2% | 51.1% | 22.7% | 30.6% |
Frequently asked questions
- What is the housing cost burden in Pennington, AL?
- In Pennington, AL, 18.3% of households spend 30% or more of their income on housing costs.
- How does Pennington compare with Alabama?
- The households paying 30%+ for housing in Pennington is 18.3%, compared with 26.3% for Alabama as a whole.
Source: U.S. Census Bureau, American Community Survey · 2020-2024 5-year estimates