Margaret, AL
Population 5,538 · Alabama
About Margaret, AL
Margaret is a small town located in Alabama with a population of 5,538 residents according to the latest US Census Bureau American Community Survey data. The median household income is $97,075 per year, which is 29% above the national median of $75,149. The median age of 31.9 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Margaret features a median home value of $224,700, which is 8% below the national median of $244,900. This positions Margaret in a moderately priced market relative to the rest of the country. Median monthly rent is $881, 24% below the national average of $1,163/month. Of the 1,807 total housing units, 87% are owner-occupied (1,477 units) and 13% are renter-occupied (218 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Margaret shows an unemployment rate of 2.5%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 6.6%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Margaret have an average one-way commute time of 34.6 minutes.
Education & Demographics
21.3% of Margaret 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 1.0% White, 0.6% Hispanic or Latino, 0.0% Black or African American, and 1.5% Asian residents, with 0.0% of the population being foreign-born.
How Margaret Ranks in Alabama
Cost of Living in Margaret, AL
Compared to national averages, Margaret has a median household income of $97,075 (29% above the national median of $75,149). Home values average $224,700, which is 8% below the national median. Monthly rent at $881 is 24% below the US average of $1,163. Within Alabama, Margaret's income is 68% above the state average of $57,952, and home values are 41% above the state median of $159,358.
Why Live in Margaret, AL?
Margaret offers a strong local economy with a median household income of $97,075, well above the national average, and affordable housing with a median home value of $224,700, below the US average of $244,900, and rent that’s lower than the national average at $881/month. Additionally, the city features a strong job market with an unemployment rate of just 2.5%, and a low poverty rate of 6.6%, better than the national average.
Margaret has a population of 5,538 with a median age of 31.9 years. Compare Margaret with other cities to see how it stacks up, or explore all cities in Alabama.
Similar Cities Near Margaret
Cities in Alabama with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Rainsville | 5,613 | $64,140 | $207,800 | Compare |
| Smiths Station | 5,443 | $57,410 | $184,400 | Compare |
| Semmes | 5,404 | $66,458 | $211,100 | Compare |
| Highland Lakes | 5,673 | $169,833 | $562,600 | Compare |
| Holtville | 5,700 | $73,250 | $247,500 | Compare |
| Glencoe | 5,356 | $66,050 | $203,200 | Compare |
| Roanoke | 5,332 | $48,083 | $129,100 | Compare |
| Attalla | 5,829 | $55,429 | $120,400 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Alabama
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Margaret With Other Cities
Frequently Asked Questions about Margaret
What is the population of Margaret, AL?
The population of Margaret, AL is 5,538 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Alabama.
What is the median household income in Margaret?
The median household income in Margaret, AL is $97,075 per year, which is 29% above the national median of $75,149.
What is the median home value in Margaret?
The median home value in Margaret, AL is $224,700, which is 8% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Margaret?
The median monthly rent in Margaret, AL is $881, which is 24% below the national average of $1,163/month.
What is the unemployment rate in Margaret?
The unemployment rate in Margaret, AL is 2.5%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Margaret, AL a good place to live?
Margaret offers above-average incomes, affordable housing, and a strong job market. With a population of 5,538 and a median age of 31.9, the city appeals to young professionals and families.
How educated is Margaret, AL?
21.3% of residents in Margaret 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 Margaret?
Key cost-of-living indicators for Margaret, AL: median home value is $224,700 (8% below national), median rent is $881/month, and median household income is $97,075. The home-value-to-income ratio is 2.3x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Margaret?
The poverty rate in Margaret, AL is 6.6%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Margaret, AL?
Margaret's population is 1.0% White, 0.6% Hispanic or Latino, 0.0% Black or African American, 1.5% Asian, and 17.3% two or more races. 0.0% of residents are foreign-born.