35622 ZIP Code Profile, Map, Data & Demographics

ZIP Code Type: STANDARD
County: Morgan County
Centroid: Latitude 34.382, Longitude -86.904
Time Zone: Central Time Zone (UTC -6 hours)
Observes DST: Yes

ZIP Code 35622 has segments in 2 Counties (Cullman, Morgan).

Businesses Addresses: 121
PO Box Addresses: 192
Residential Addresses: 2,903

Multi-Family Addresses: 0
Single Family Addresses: 2,903

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

Falkville, AL 35622 Data & Demographics (As of July 1, 2022)

POPULATION
Total Population	7,030 (100%)
Population in Households	6,720 (95.6%)
Population in Families	5,775 (82.1%)
Population in Group Quarters¹	310 ( 4.4%)
Population Density	73
Diversity Index²	19


INCOME
Median Household Income	$55,576
Average Household Income	$71,609
% of Income for Mortgage⁴	17%
Per Capita Income	$26,778
Wealth Index⁵	57

HOUSING
Total HU (Housing Units)	2,919 (100%)
Owner Occupied HU	2,286 (78.3%)
Renter Occupied HU	368 (12.6%)
Vacant Housing Units	265 ( 9.1%)
Median Home Value	$175,395
Average Home Value	$187,511
Housing Affordability Index³	163

HOUSEHOLDS
Total Households	2,654
Average Household Size	2.53
Family Households	1,955
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.

Falkville, AL 35622 - Peer Comparisons by Rank and Percentile

The table below compares 35622 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	0.11%	0.01%
Households	0.13%	0.03%
Families		-0.02%
Median Household Income		2.75%
Per Capita Income		3.71%
Owner Occupied HU		0.17%

Variable Description	Rank	Percentile
Total Population	# 239	61st
Population Density	# 293	52nd
Median Household Income	# 208	66th
Housing Affordability Index	# 215	35th
Per Capita Income	# 377	38th
Diversity Index	# 566	7th

35622 ZIP Code Profile, Map, Data & Demographics

ZIP Code 35622: Basic Data & USPS Preferred City Name

Falkville, AL 35622 Data & Demographics (As of July 1, 2022)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Falkville, AL 35622 - Peer Comparisons by Rank and Percentile

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