Margaret, AL People Search

Margaret has a population of 4,487 people, according to the Census data for 2016.

Compared to 2010, this number has increased by 59 people (1.3%), so we can confidently say that the dynamics of the population growth are positive. If you compare the rate of population growth with the nearest cities, such as Childersburg or Adamsville, you will find that these cities have a population decline of 70 and a decline of 68 people, respectively (-1.4% and -1.5% correspondingly)

The Margaret median household income is $64,789 (according to the US Census Bureau records for 2016).

A household income is one of the easiest to understand statistical indicators that is used to evaluate the economy of the city. Simply put, it is calculated by summarizing incomes of all adult members of the household. In comparison with the data for year 2010, this figure has increased by $10028 (18.3%). Compared with the neighboring cities, the median household income in Margaret is lower than in Southside($65,946), but greater than in Pleasant Grove($63,302). The median household income in Alabamais $43,623 (32.7% lower than in Margaret)

The median property value in Margaret is $139,300 (based on US Census Bureau data for 2016)

. This means that half of the houses in the city are more expensive than this figure, and half of other houses are less. In 2010, the property value was estimated at $130,200 (making an increase of $9,100 or 7% in 6 years). Here is what the housing market looks like in nearby cities: median property price in Cullmanis $139,700, in Odenville— $139,100. Median property value in Alabama is $125,500

A poverty rate is one of the key economic indicators.

It shows the proportion of the population whose income is less than the poverty line in the area. The lower the number is, the more prosperous the life of society is. The current poverty rate in Margaret is 11.4%. In the neighboring cities, this figure is as follows: in Hueytown, 11.7% of the population live below the poverty line, in Glencoe— 11.1%. The poverty rate in Alabamais 14.46%. Based on such indicators as the poverty rate, we assume that life in Margaret is slightly better than the average for the state.

The median gross rent in Margaret is $1,125 a month (as of 2016).

In 2010, this figure was higher — $1,259/mo (+10.6%). Please note, gross rent may include not only the rent payments, but also utility bills and some other building costs. The median gross rent in the state of Alabamais lower at $717 per month (again, data for 2016). The following median gross rent was registered in the neighboring cities: renters in Meadowbrookpay $1,133/mo, in Sylvan Springs— $1,078/mo.

The rent burden in Margaret is 19.5% (2016).

Rent burden shows what proportion of the household income is spent on rental housing. This data is useful in estimating the housing affordability in the city. Rent burden in Margaret is lower than in the state of Alabama, where the rent burden is 30.5%. In neighboring cities, the situation is as follows: rent burden is 20.7% in Fultondale, and in Springville— 19.6%.

12.0% of housing units in Margaret are occupied by renters (2016).

A housing unit means a house, an apartment, a mobile home, a room or any other structure that is used for habitation. In 2010, the share of renter-occupied housing units was lower — 8.2%. It seems that now more people live in rented houses in Margaret than before. Neighboring cities have the following shares of renter-occupied housing units: Odenville(12.4%), Shoal Creek(11.6%).

There are 203 renter occupied households in Margaret (2016).

This is just a rough estimation based on Census and ESRI demographic data. Since 2015, the number of such type of households has increased by 3% (203 households in 2016 vs. 198 in 2015). Nearby cities have the following renter-occupied housing unit numbers: there are 204 households in Graysville, 166 units in Kimberly.

There were 3 evictions reported in Margaret in 2016.

Here are how many evictions were made in nearby cities in 2016 : 4 evictions from housing were made in Glencoe, 3 in Dora. Reasons for evictions can be different-code violations, violations of the terms of the lease, etc. But often the main reason is the failure to pay the rent on time. That is why a large number of evictions (especially when there is a tendency to increase this number) may indicate a deterioration of the economy.

The total number of eviction cases that were registered in the Margaret in 2016 is 7.31.

Please note that some addresses may have multiple eviction cases during the year. Compared to the neighboring cities, Margaret has less eviction cases than Odenville(8.10 filings in 2016), more eviction cases than Riverside(7.09 filings).