River Falls, AL Profile: Facts & Data

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River Falls, Alabama - Basic Facts

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The Town of River Falls had a population of 473 as of July 1, 2022. River Falls ranks in the lower quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in Alabama. See peer rankings below.

The primary coordinate point for River Falls is located at latitude 31.3529 and longitude -86.5391 in Covington County. The formal boundaries for the Town of River Falls encompass a land area of 6.84 sq. miles and a water area of 0.26 sq. miles. Covington County is in the Central time zone (GMT -6). The elevation is 200 feet.

The Town of River Falls has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Alabama is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The Town of River Falls is located within Andalusia Division of Covington County.


Jump to... (On This Page!)
  1. River Falls 2022 Demographic Data
  2. Growth Rates for River Falls (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Alabama Research Tools (Easy Tools & Current Data)
  3. Alabama Data Comparison Tool - 2022 Demographics
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River Falls, AL Data & Demographics (As of July 1, 2022)

POPULATION

Total Population 473 (100%)
Population in Households 472 (99.8%)
Population in Families 386 (81.6%)
Population in Group Quarters1 1 ( 0.2%)
Population Density 69
Diversity Index2 28
 
 

INCOME

Median Household Income $42,130
Average Household Income $60,021
% of Income for Mortgage4 14%
Per Capita Income $24,680
Wealth Index5 46
 

HOUSING

Total HU (Housing Units) 255 (100%)
Owner Occupied HU 167 (65.5%)
Renter Occupied HU 32 (12.5%)
Vacant Housing Units 56 (22.0%)
Median Home Value $113,971
Average Home Value $129,940
Housing Affordability Index3 196
 

HOUSEHOLDS

Total Households 199
Average Household Size 2.37
Family Households 133
Average Family Size 3.00
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2020-2022 2022-2027
Population -0.56% -0.30%
Households -0.66% -0.20%
Families   -0.30%
Median Household Income   1.42%
Per Capita Income   3.00%
Owner Occupied HU   -0.12%

River Falls, AL - Peer Comparisons by Rank and Percentile

The table below compares River Falls to the other 593 incorporated cities, towns and CDPs in Alabama by rank and percentile using July 1, 2022 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 412 31st
Population Density # 504 15th
Median Household Income # 425 28th
Housing Affordability Index # 402 68th
Per Capita Income # 410 31st
Diversity Index # 434 27th

Additional comparisons and rankings can be made with a VERY EASY TO USE Alabama Census Data Comparison Tool.

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