Montevallo, AL
Population 7,429 · Alabama
About Montevallo, AL
Montevallo is a small town located in Alabama with a population of 7,429 residents according to the latest US Census Bureau American Community Survey data. The median household income is $54,665 per year, which is 27% below the national median of $75,149. The median age of 26.4 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 Montevallo features a median home value of $210,400, which is 14% below the national median of $244,900. This positions Montevallo in a moderately priced market relative to the rest of the country. Median monthly rent is $906, 22% below the national average of $1,163/month. Of the 2,683 total housing units, 65% are owner-occupied (1,604 units) and 35% are renter-occupied (877 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Montevallo shows an unemployment rate of 8.1%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 15.2%, above the national average of 12.4%. Workers in Montevallo have an average one-way commute time of 27.5 minutes.
Education & Demographics
30.9% of Montevallo 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 4.0% White, 0.5% Hispanic or Latino, 0.4% Black or African American, and 2.3% Asian residents, with 5.1% of the population being foreign-born.
Cost of Living in Montevallo, AL
Compared to national averages, Montevallo has a median household income of $54,665 (27% below the national median of $75,149). Home values average $210,400, which is 14% below the national median. Monthly rent at $906 is 22% below the US average of $1,163. Within Alabama, Montevallo's income is 6% below the state average of $57,952, and home values are 32% above the state median of $159,358.
Why Live in Montevallo, AL?
Montevallo offers affordable housing with a median home value of $210,400, below the US average of $244,900, and rent that’s lower than the national average at $906/month.
Potential considerations include median household income ($54,665) that falls below the national average. However, Montevallo’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Montevallo has a population of 7,429 with a median age of 26.4 years. Compare Montevallo with other cities to see how it stacks up, or explore all cities in Alabama.
Similar Cities Near Montevallo
Cities in Alabama with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Greenville | 7,229 | $40,744 | $117,800 | Compare |
| Wetumpka | 7,182 | $54,945 | $184,100 | Compare |
| Lincoln | 7,135 | $60,793 | $181,900 | Compare |
| Demopolis | 7,010 | $41,457 | $198,900 | Compare |
| Pinson | 7,851 | $80,349 | $194,300 | Compare |
| Robertsdale | 6,985 | $55,707 | $198,200 | Compare |
| Oneonta | 6,943 | $47,719 | $195,600 | Compare |
| Hamilton | 6,907 | $53,714 | $103,500 | 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 Montevallo With Other Cities
Frequently Asked Questions about Montevallo
What is the population of Montevallo, AL?
The population of Montevallo, AL is 7,429 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 Montevallo?
The median household income in Montevallo, AL is $54,665 per year, which is 27% below the national median of $75,149.
What is the median home value in Montevallo?
The median home value in Montevallo, AL is $210,400, which is 14% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Montevallo?
The median monthly rent in Montevallo, AL is $906, which is 22% below the national average of $1,163/month.
What is the unemployment rate in Montevallo?
The unemployment rate in Montevallo, AL is 8.1%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Montevallo, AL a good place to live?
Montevallo offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 7,429 and a median age of 26.4, the city appeals to young professionals and families.
How educated is Montevallo, AL?
30.9% of residents in Montevallo 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 Montevallo?
Key cost-of-living indicators for Montevallo, AL: median home value is $210,400 (14% below national), median rent is $906/month, and median household income is $54,665. The home-value-to-income ratio is 3.8x, a moderate figure by national standards.
What is the poverty rate in Montevallo?
The poverty rate in Montevallo, AL is 15.2%, 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 Montevallo, AL?
Montevallo's population is 4.0% White, 0.5% Hispanic or Latino, 0.4% Black or African American, 2.3% Asian, and 25.1% two or more races. 5.1% of residents are foreign-born.