Petrey, AL
Population 66 · Alabama
About Petrey, AL
Petrey is a small community located in Alabama with a population of 66 residents according to the latest US Census Bureau American Community Survey data. The median household income is $65,000 per year, which is 14% below the national median of $75,149. The median age of 50.4 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 Petrey features a median home value of $77,500, which is 68% below the national median of $244,900. This makes Petrey one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 37 total housing units, 66% are owner-occupied (21 units) and 34% are renter-occupied (11 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Petrey 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 9.1%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Petrey have an average one-way commute time of 25 minutes.
Education & Demographics
15.9% of Petrey 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.
Cost of Living in Petrey, AL
Compared to national averages, Petrey has a median household income of $65,000 (14% below the national median of $75,149). Home values average $77,500, which is 68% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Alabama, Petrey's income is 12% above the state average of $57,952, and home values are 51% below the state median of $159,358.
Why Live in Petrey, AL?
Petrey offers affordable housing with a median home value of $77,500, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a low poverty rate of 9.1%, better than the national average.
Potential considerations include median household income ($65,000) that falls below the national average. However, Petrey’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Petrey has a population of 66 with a median age of 50.4 years. Compare Petrey with other cities to see how it stacks up, or explore all cities in Alabama.
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Other Cities in Alabama
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Petrey
What is the population of Petrey, AL?
The population of Petrey, AL is 66 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 Petrey?
The median household income in Petrey, AL is $65,000 per year, which is 14% below the national median of $75,149.
What is the median home value in Petrey?
The median home value in Petrey, AL is $77,500, which is 68% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Petrey?
The median monthly rent in Petrey, AL is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Petrey?
The unemployment rate in Petrey, 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 Petrey, AL a good place to live?
Petrey offers a moderate cost of living, affordable housing, and a strong job market. With a population of 66 and a median age of 50.4, the city appeals to established professionals and retirees.
How educated is Petrey, AL?
15.9% of residents in Petrey 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 Petrey?
Key cost-of-living indicators for Petrey, AL: median home value is $77,500 (68% below national), median rent is $0/month, and median household income is $65,000. The home-value-to-income ratio is 1.2x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Petrey?
The poverty rate in Petrey, AL is 9.1%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Petrey, AL?
Petrey's population is 0.0% White, 0.0% 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.