Cost Of Living
The cost of living in this region is notably lower than the national average, encompassing everyday goods, housing, utilities, transportation and health care expenses.
Housing
High scores in the housing category are attributed to this area, possibly pointing to a favorable home affordability ratio, robust appreciation rates or elevated home values.
Amenities
A large portion of amenities are not ideally situated within walking distance, potentially requiring residents to utilize a vehicle or public transportation.
Commute
Access to public transportation in this particular area may be limited, which can result in longer-than-average commute times to reach workplaces.
Employment
Low income levels and high unemployment rates results in a low score in the employment category. It could prove difficult to find well-paying employment in this area.
Health & Safety
A low health and safety score may be attributed to factors such as subpar air quality and the unavailability of certain health-related facilities like hospitals, clinics, doctors and pharmacies.
Ratings
Surveys and polls conducted by AreaVibes with residents of the area revealed unfavorable results concerning the walkability of amenities, the availability of parks and public transit access.
Hanceville is a small-sized city located in the state of Alabama. The city has a population of 3,377 people. If we take a look at the last Census, the vast majority of the population falls within one racial group (92% White). Given that fact, Hanceville could be considered less diverse than other cities. Hanceville is considered to be a city with an aging population. The average age of all residents is 48, which is well beyond the United States median age average. Long travel times to work can be one of the most frustrating things in the world - right behind housework! If you decide that living in Hanceville is the right fit for you, your one way commute time will average 26 minutes, which is about average when compared to the national commute time of 26 minutes.
Without the right tools, moving to any new area can be very stressful and challenging. Living in Hanceville, Alabama could be a fulfilling experience for anyone who puts in the time to do the research required. When searching for a new neighborhood, several key items should be considered. Safety is paramount, ensuring a secure environment for you and your family. Proximity to workplaces or schools reduces commuting time and enhances convenience. Access to amenities like parks, grocery stores and healthcare facilities contributes to a comfortable lifestyle. Reliable public transportation options promote easy mobility. A strong sense of community fosters social connections and a welcoming atmosphere. With useful information like amenities, crime, commute, health & safety, employment and other key data points, finding the best places to live in Hanceville and in the areas around Hanceville is a much easier task.
The livability score in Hanceville is 57/100 and the city is ranked in the 30th percentile of all cities across America. This score ranks well below the national average. With such a low livability score, it might be worth investigating a little further. Based on the grades for each individual category, Hanceville has been rewarded with high marks for cost of living (A+) and housing (A-). Hanceville does not do well for the following: amenities (F) and employment (F). It might be a good idea to take a closer look at each category to find out why.
Finding affordable real estate and housing in Hanceville can be tricky. Having said that, this area might be the place to get the best of both worlds. Based on factors like home/rental affordability and appreciation rates, this area has received an above average score in the housing category. A healthy real estate market can lead to wealth appreciation for property owners, as rising property values can contribute to homeowners' equity, financial stability and the ability to build long-term wealth.
Hanceville real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Hanceville. Median real estate prices in Hanceville come in at $109,700, which is 14.6% lower than the Alabama average. The home price to income ratio compares the median home prices to the median household income. In Hanceville, the home price to income ratio is 3.2, which is 10.3% higher than the Alabama average.
| Statistic | Hanceville | Alabama | National |
| Average one way commute | 26min | 25min | 26min |
| Workers who drive to work | 91.5% | 85.7% | 76.4% |
| Workers who carpool | 6.7% | 8.8% | 9.3% |
| Workers who take public transit | 0.0% | 0.4% | 5.1% |
| Workers who bicycle | 0.0% | 0.1% | 0.6% |
| Workers who walk | 1.6% | 1.1% | 2.8% |
| Working from home | 0.2% | 2.9% | 4.6% |
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