Anderson, AL
Population 309 · Alabama
About Anderson, AL
Anderson is a small community located in Alabama with a population of 309 residents according to the latest US Census Bureau American Community Survey data. The median household income is $86,250 per year, which is 15% above the national median of $75,149. The median age of 51 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Anderson features a median home value of $200,000, which is 18% below the national median of $244,900. This positions Anderson in a moderately priced market relative to the rest of the country. Median monthly rent is $915, 21% below the national average of $1,163/month. Of the 154 total housing units, 77% are owner-occupied (108 units) and 23% are renter-occupied (33 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Anderson shows an unemployment rate of 3.3%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 2.9%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Anderson have an average one-way commute time of 37.2 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
30.1% of Anderson residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 0.3% White, 0.3% Hispanic or Latino, 0.0% Black or African American, and 1.3% Asian residents, with 9.7% of the population being foreign-born.
Cost of Living in Anderson, AL
Compared to national averages, Anderson has a median household income of $86,250 (15% above the national median of $75,149). Home values average $200,000, which is 18% below the national median. Monthly rent at $915 is 21% below the US average of $1,163. Within Alabama, Anderson's income is 49% above the state average of $57,952, and home values are 26% above the state median of $159,358.
Why Live in Anderson, AL?
Anderson offers a strong local economy with a median household income of $86,250, well above the national average, and affordable housing with a median home value of $200,000, below the US average of $244,900, and rent that’s lower than the national average at $915/month. Additionally, the city features a strong job market with an unemployment rate of just 3.3%, and a low poverty rate of 2.9%, better than the national average.
Anderson has a population of 309 with a median age of 51 years. Compare Anderson with other cities to see how it stacks up, or explore all cities in Alabama.
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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Anderson
What is the population of Anderson, AL?
The population of Anderson, AL is 309 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Alabama.
What is the median household income in Anderson?
The median household income in Anderson, AL is $86,250 per year, which is 15% above the national median of $75,149.
What is the median home value in Anderson?
The median home value in Anderson, AL is $200,000, which is 18% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Anderson?
The median monthly rent in Anderson, AL is $915, which is 21% below the national average of $1,163/month.
What is the unemployment rate in Anderson?
The unemployment rate in Anderson, AL is 3.3%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Anderson, AL a good place to live?
Anderson offers above-average incomes, affordable housing, and a strong job market. With a population of 309 and a median age of 51, the city appeals to established professionals and retirees.
How educated is Anderson, AL?
30.1% of residents in Anderson aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Anderson?
Key cost-of-living indicators for Anderson, AL: median home value is $200,000 (18% below national), median rent is $915/month, and median household income is $86,250. The home-value-to-income ratio is 2.3x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Anderson?
The poverty rate in Anderson, AL is 2.9%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Anderson, AL?
Anderson's population is 0.3% White, 0.3% Hispanic or Latino, 0.0% Black or African American, 1.3% Asian, and 2.3% two or more races. 9.7% of residents are foreign-born.