Income & Economy in Hanceville city, AL (35077)
Median Income
$47,720
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+423
Wealth inflow
Population
13,290
Unemployment
7.9%
4.2pp above US avg
IRS migration statistics show a net inflow of about 423 for ZIP 35077 (Hanceville city, AL) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.
Historical Trends in 35077 (2020–Present)
Since 2020, population declined 4.6%, median income fell 1.8% (inflation-adjusted), home values increased 8.2%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $47,720 |
| Unemployment | 7.9% |
| Establishments | 201 |
| Employees | 2,958 |