Pennington, AL
Population 536 · Alabama
About Pennington, AL
Pennington is a small community located in Alabama with a population of 536 residents according to the latest US Census Bureau American Community Survey data. The median household income is $28,186 per year, which is 62% below the national median of $75,149. The median age of 38.4 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Pennington features a median home value of $81,500, which is 67% below the national median of $244,900. This makes Pennington one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $376, 68% below the national average of $1,163/month. Of the 291 total housing units, 73% are owner-occupied (155 units) and 27% are renter-occupied (57 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Pennington shows an unemployment rate of 10.4%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 10.8%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Pennington have an average one-way commute time of 35.7 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
7.1% of Pennington 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 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
How Pennington Ranks in Alabama
Cost of Living in Pennington, AL
Compared to national averages, Pennington has a median household income of $28,186 (62% below the national median of $75,149). Home values average $81,500, which is 67% below the national median. Monthly rent at $376 is 68% below the US average of $1,163. Within Alabama, Pennington's income is 51% below the state average of $57,952, and home values are 49% below the state median of $159,358.
Why Live in Pennington, AL?
Pennington offers affordable housing with a median home value of $81,500, below the US average of $244,900, and rent that’s lower than the national average at $376/month, and a low poverty rate of 10.8%, better than the national average.
Potential considerations include median household income ($28,186) that falls below the national average. However, Pennington’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Pennington has a population of 536 with a median age of 38.4 years. Compare Pennington with other cities to see how it stacks up, or explore all cities in Alabama.
Similar Cities Near Pennington
Cities in Alabama with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| River Falls | 534 | $33,281 | $85,700 | Compare |
| Gurley | 543 | $55,000 | $174,300 | Compare |
| Fruithurst | 528 | $55,417 | $94,500 | Compare |
| West Jefferson | 527 | $36,667 | $136,400 | Compare |
| Pine Ridge | 546 | $68,250 | $79,200 | Compare |
| Millry | 548 | $30,521 | $140,600 | Compare |
| Ranburne | 524 | $73,750 | $229,800 | Compare |
| Dodge City | 549 | $58,750 | $122,800 | 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 Pennington With Other Cities
Frequently Asked Questions about Pennington
What is the population of Pennington, AL?
The population of Pennington, AL is 536 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 Pennington?
The median household income in Pennington, AL is $28,186 per year, which is 62% below the national median of $75,149.
What is the median home value in Pennington?
The median home value in Pennington, AL is $81,500, which is 67% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Pennington?
The median monthly rent in Pennington, AL is $376, which is 68% below the national average of $1,163/month.
What is the unemployment rate in Pennington?
The unemployment rate in Pennington, AL is 10.4%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Pennington, AL a good place to live?
Pennington offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 536 and a median age of 38.4, the city appeals to a broad range of residents.
How educated is Pennington, AL?
7.1% of residents in Pennington 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 Pennington?
Key cost-of-living indicators for Pennington, AL: median home value is $81,500 (67% below national), median rent is $376/month, and median household income is $28,186. The home-value-to-income ratio is 2.9x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Pennington?
The poverty rate in Pennington, AL is 10.8%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Pennington, AL?
Pennington's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 50.0% two or more races. 0.0% of residents are foreign-born.