Hale County, AL

Description

Why Build in Hale County?

 

Shifting Housing Market and Investment Potential

Hale County is seeing gradual population growth, reaching an estimated 15,177 residents in 2024, reflecting a 1.94% annual increase. The local economy is strengthening, with the median household income rising to $45,608, representing an impressive 47.1% year-over-year growth. With economic expansion and increasing income levels, the county presents opportunities for new residential development to meet growing demand.

The real estate market in Hale County is experiencing significant shifts. The median home sale price in early 2025 was $202,750, down 14.1% from the previous year, while other reports indicate median sale prices reaching $263,000, a dramatic 483.3% increase. This fluctuation highlights an evolving housing market with potential for investment. With limited housing inventory, new construction presents an opportunity to meet rising demand and capitalize on favorable market conditions.

Educational Landscape

Hale County offers a range of educational opportunities, with local schools focusing on student development. While there is room for improvement, ongoing investment in education can strengthen the county’s appeal for families seeking quality schooling options.

Population
14,888
Median Income
$41,325
Median Home Price
$156,624
Housing Affordability Index
142

Median Home Value

Block

$76,351

Tract

$83,333

Zip

$99,404

Price Appreciation Since 2011

Tract

1.30X

Zip

1.30X

County

1.61X

County Schools

Moundville Elementary School: 8/10

Hale County Middle School: 8/10

Hale County High School: 9/10

Median Income

County

$38,144

State

$56,129

National

$72,603

Forecasted Income Growth

Tract

2.58%

Zip

-0.5%

Crime

Overall Crime Index: 0.37X

Property Crime Index: 0.47X

Personal Crime Index: 1.06X

Median Home Value

Block

$76,351

Tract

$83,333

Zip

$99,404

Price Appreciation Since 2011

Tract

1.30X

Zip

1.30X

County

1.61X

Median Income

County

$38,144

State

$56,129

National

$72,603

Forecasted Income Growth

Tract

2.58%

Zip

-0.5%

County Schools

Moundville Elementary School: 8/10

Hale County Middle School: 8/10

Hale County High School: 9/10

Crime

Overall Crime Index: 0.37X

Property Crime Index: 0.47X

Personal Crime Index: 1.06X