Petrey, AL Profile: Facts & Data

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Petrey, Alabama - Basic Facts

The Town of Petrey had a population of 64 as of July 1, 2023. Petrey ranks in the lower quartile for Population Density and the upper quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Alabama. See peer rankings below.

The primary coordinate point for Petrey is located at latitude 31.8488 and longitude -86.2077 in Crenshaw County. The formal boundaries for the Town of Petrey encompass a land area of 0.73 sq. miles and a water area of 0.02 sq. miles. Crenshaw County is in the Central time zone (GMT -6).

The Town of Petrey 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 Petrey is located within Petrey-Highland Home Division of Crenshaw County.


Jump to... (On This Page!)
  1. Petrey 2023 Demographic Data
  2. Growth Rates for Petrey (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 - 2023 Demographics
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Petrey, AL Data & Demographics (As of July 1, 2023)

POPULATION

Total Population 64 (100%)
Population in Households 64 (100.0%)
Population in Families 46 (71.9%)
Population in Group Quarters1 0
Population Density 87
Diversity Index2 56
 
 

INCOME

Median Household Income $43,995
Average Household Income $69,505
% of Income for Mortgage4 0%
Per Capita Income $28,236
Wealth Index5 50
Socioeconomic Status Index6 Moderate (46.3)
 

HOUSING

Total HU (Housing Units) 32 (100%)
Owner Occupied HU 21 (65.6%)
Renter Occupied HU 5 (15.6%)
Vacant Housing Units 6 (18.7%)
Median Home Value $93,750
Average Home Value $119,048
Housing Affordability Index3 0
 

HOUSEHOLDS

Total Households 26
Average Household Size 2.46
Family Households 17
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.
  6. The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR

2020-2023 2023-2028
Population -1.40% 4.04%
Households -1.15% 0.76%
Families   6.23%
Median Household Income   11.53%
Per Capita Income   -2.93%
Owner Occupied HU   1.84%

Petrey, AL - Peer Comparisons by Rank and Percentile

The table below compares Petrey to the other 593 incorporated cities, towns and CDPs in Alabama by rank and percentile using July 1, 2023 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 # 576 3rd
Population Density # 484 19th
Median Household Income # 368 38th
Housing Affordability Index # 19 3rd
Per Capita Income # 287 52nd
Diversity Index # 108 82nd

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

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