Ivalee, AL
Population 649 · Alabama
About Ivalee, AL
Ivalee is a small community located in Alabama with a population of 649 residents according to the latest US Census Bureau American Community Survey data. The median household income is $38,650 per year, which is 49% below the national median of $75,149. The median age of 47.8 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 Ivalee features a median home value of $120,800, which is 51% below the national median of $244,900. This makes Ivalee one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $711, 39% below the national average of $1,163/month. Of the 454 total housing units, 72% are owner-occupied (205 units) and 28% are renter-occupied (80 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Ivalee shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 15.9%, above the national average of 12.4%. Workers in Ivalee have an average one-way commute time of 25 minutes.
Education & Demographics
0.6% of Ivalee residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.9% White, 1.7% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Ivalee, AL
Compared to national averages, Ivalee has a median household income of $38,650 (49% below the national median of $75,149). Home values average $120,800, which is 51% below the national median. Monthly rent at $711 is 39% below the US average of $1,163. Within Alabama, Ivalee's income is 33% below the state average of $57,952, and home values are 24% below the state median of $159,358.
Why Live in Ivalee, AL?
Ivalee offers affordable housing with a median home value of $120,800, below the US average of $244,900, and rent that’s lower than the national average at $711/month, and a strong job market with an unemployment rate of just 0.0%.
Potential considerations include median household income ($38,650) that falls below the national average. However, Ivalee’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Ivalee has a population of 649 with a median age of 47.8 years. Compare Ivalee 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 Ivalee
What is the population of Ivalee, AL?
The population of Ivalee, AL is 649 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 Ivalee?
The median household income in Ivalee, AL is $38,650 per year, which is 49% below the national median of $75,149.
What is the median home value in Ivalee?
The median home value in Ivalee, AL is $120,800, which is 51% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Ivalee?
The median monthly rent in Ivalee, AL is $711, which is 39% below the national average of $1,163/month.
What is the unemployment rate in Ivalee?
The unemployment rate in Ivalee, AL is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Ivalee, AL a good place to live?
Ivalee offers a moderate cost of living, affordable housing, and a strong job market. With a population of 649 and a median age of 47.8, the city appeals to established professionals and retirees.
How educated is Ivalee, AL?
0.6% of residents in Ivalee 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 Ivalee?
Key cost-of-living indicators for Ivalee, AL: median home value is $120,800 (51% below national), median rent is $711/month, and median household income is $38,650. The home-value-to-income ratio is 3.1x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Ivalee?
The poverty rate in Ivalee, AL is 15.9%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Ivalee, AL?
Ivalee's population is 0.9% White, 1.7% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.