35582 ZIP Code Profile, Map, Data & Demographics

ZIP Code Type: STANDARD
County: Franklin County
Centroid: Latitude 34.441, Longitude -88.144
Time Zone: Central Time Zone (UTC -6 hours)
Observes DST: Yes

ZIP Code 35582 has segments in 2 Counties (Colbert, Franklin).

Businesses Addresses: 188
PO Box Addresses: 319
Residential Addresses: 1,734

Multi-Family Addresses: 117
Single Family Addresses: 1,617

The ZIP Code maps and database are updated 4 times per year.
Database updated: April 1, 2023, Maps updated: February 3, 2023.

Red Bay, AL 35582 Data & Demographics (As of July 1, 2022)

POPULATION
Total Population	4,135 (100%)
Population in Households	4,001 (96.8%)
Population in Families	3,270 (79.1%)
Population in Group Quarters¹	134 ( 3.2%)
Population Density	43
Diversity Index²	25


INCOME
Median Household Income	$44,134
Average Household Income	$61,273
% of Income for Mortgage⁴	12%
Per Capita Income	$25,723
Wealth Index⁵	45

HOUSING
Total HU (Housing Units)	2,009 (100%)
Owner Occupied HU	1,251 (62.3%)
Renter Occupied HU	477 (23.7%)
Vacant Housing Units	280 (13.9%)
Median Home Value	$101,154
Average Home Value	$121,783
Housing Affordability Index³	224

HOUSEHOLDS
Total Households	1,729
Average Household Size	2.31
Family Households	1,147
Average Family Size	3.00

NOTES

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.
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.
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.
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).
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.

Red Bay, AL 35582 - Peer Comparisons by Rank and Percentile

The table below compares 35582 to the other 608 ZIP Codes 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.

GROWTH RATE / YEAR	2020-2022	2022-2027
Population	-0.65%	-0.14%
Households	-0.28%	-0.17%
Families		-0.25%
Median Household Income		2.14%
Per Capita Income		2.90%
Owner Occupied HU		0.25%

Variable Description	Rank	Percentile
Total Population	# 319	48th
Population Density	# 367	40th
Median Household Income	# 425	30th
Housing Affordability Index	# 523	86th
Per Capita Income	# 418	31st
Diversity Index	# 497	19th

35582 ZIP Code Profile, Map, Data & Demographics

ZIP Code 35582: Basic Data & USPS Preferred City Name

Red Bay, AL 35582 Data & Demographics (As of July 1, 2022)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Red Bay, AL 35582 - Peer Comparisons by Rank and Percentile

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