Red Bay, AL Profile: Facts & Data

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Red Bay, Alabama - Basic Facts

The City of Red Bay had a population of 3,268 as of July 1, 2024.

The primary coordinate point for Red Bay is located at latitude 34.4398 and longitude -88.1409 in Franklin County. The formal boundaries for the City of Red Bay encompass a land area of 9.74 sq. miles and a water area of 0.1 sq. miles. Franklin County is in the Central time zone (GMT -6).

The City of Red Bay 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 City of Red Bay is located within Red Bay Division of Franklin County.


Jump to... (On This Page!)
  1. Red Bay 2024 Demographic Data
  2. Growth Rates for Red Bay (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 - 2024 Demographics
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Red Bay, AL Data & Demographics (As of July 1, 2024)

POPULATION

Total Population 3,268 (100%)
Population in Households 3,134 (95.9%)
Population in Families 2,512 (76.9%)
Population in Group Quarters1 134 ( 4.1%)
Population Density 335
Diversity Index2 29
 
 

INCOME

Median Household Income $32,597
Average Household Income $53,595
% of Income for Mortgage4 20%
Per Capita Income $22,289
Wealth Index5 39
Socioeconomic Status Index6 Low (41.2)
 

HOUSING

Total HU (Housing Units) 1,547 (100%)
Owner Occupied HU 851 (55.0%)
Renter Occupied HU 503 (32.5%)
Vacant Housing Units 193 (12.5%)
Median Home Value $105,491
Average Home Value $127,761
Housing Affordability Index3 132
 

HOUSEHOLDS

Total Households 1,354
Average Household Size 2.31
Family Households 828
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

2020-2024 2024-2029
Population 0.26% 0.09%
Households 0.02% -0.06%
Families   0.12%
Median Household Income   1.99%
Per Capita Income   2.40%
Owner Occupied HU   -0.09%

Red Bay, AL - Peer Comparisons by Rank and Percentile

The table below compares Red Bay to the other 593 incorporated cities, towns and CDPs in Alabama by rank and percentile using July 1, 2024 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 # 158 74th
Population Density # 212 64th
Median Household Income # 553 7th
Housing Affordability Index # 289 49th
Per Capita Income # 523 12th
Diversity Index # 422 29th

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

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