HomeAlabamaCullman CountyHanceville city
Hanceville city, Alabama: commercial real estate data.
Hanceville city is a Census city of 3,270 people across 4.41 square miles of land, in Cullman County. Median household income is $41,791, 58.3 percent of occupied homes are owned, and the SBA record carries 1 7(a) approvals to borrowers here worth $20,000.
76 sourced place values · tier FULL · 8 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Hanceville
What Hanceville is
- Census place typecity
- Land area4.41 sq mi
- Water area0.02 sq mi
- Population per square mile of land742
- County holding the largest share of its areaCullman County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hanceville
How many people live in Hanceville
- Population3,270
- Median age45.3 plus or minus 12.4
- Population under 18479 plus or minus 151
- Share under 1814.6 percent plus or minus 4.6
- Population 65 and over801 plus or minus 187
- Share 65 and over24.5 percent plus or minus 5.7
- Households1,362
- Family households786
- Share of households that are families57.7 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hanceville
Income and work in Hanceville
- Median household income$41,791 plus or minus $8,363
- Per capita income$23,627
- Civilian labor force1,533
- Employed1,533
- Unemployed0
- Unemployment rate0.0 percent
- Adults 25 and over2,431
- Adults 25 and over with a high school diploma or higher79.2 percent
- Adults 25 and over with a bachelor degree or higher10.9 percent plus or minus 5.4
- Adults 25 and over with a graduate degree3.9 percent plus or minus 2.7
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hanceville
Housing in Hanceville
- Housing units1,529
- Occupied units1,362
- Vacant units167 plus or minus 93
- Vacancy rate10.9 percent plus or minus 5.9
- Owner occupied794
- Renter occupied568 plus or minus 166
- Ownership rate58.3 percent
- Median owner-occupied home value$169,800
- Median gross rent, monthly$812 plus or minus $165
- Annual rent as a share of median income23.3 percent plus or minus 6.6
- Single family units993
- Share single family64.9 percent
- Units in buildings of two or more436 plus or minus 147
- Share in buildings of two or more28.5 percent plus or minus 9.0
- Mobile homes100 plus or minus 80
- Median year structure built1981
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hanceville
How Hanceville gets to work
- Workers 16 and over who commute1,472
- Commuting under 15 minutes364 plus or minus 161
- Share commuting under 15 minutes24.7 percent plus or minus 10.1
- Commuting 30 minutes or more575 plus or minus 217
- Share commuting 30 minutes or more39.1 percent plus or minus 13.2
- Drove alone81.9 percent
- Carpooled10.8 percent plus or minus 6.3
- Public transport0.0 percent
- Walked3.2 percent plus or minus 4.1
- Worked from home2.7 percent plus or minus 2.5
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hanceville
SBA loans in Hanceville (7(a))
- Approvals1
- Gross approval$20,000
- Average approval$20,000
- Median approval$20,000
- Ninetieth percentile approval$20,000
- Largest approval$20,000
- Jobs supported6
- Jobs per approval6.0
- Loans with a final outcome1
- Paid in full1
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders1
- Distinct industries by NAICS1
A charge-off rate is not published here. only 1 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Hanceville
SBA loans in Hanceville (504)
- Approvals4
- Gross approval$2,042,000
- Average approval$510,500
- Median approval$290,000
- Largest approval$1,308,000
- Jobs supported45
- Loans with a final outcome2
- Charged off0
- Median term240 months
- Distinct CDCs3
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Cullman County, not Hanceville
Cullman County context, not Hanceville figures
These are Cullman County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Hanceville measurements.
- Establishments in Cullman County1,867
- Employment at those establishments, Cullman County27,591
- Covered employment, Cullman County31,068
- Average annual pay, Cullman County$51,811
- Average weekly wage, Cullman County$996
- Housing units permitted, Cullman County177
- Of those, single family, Cullman County165
- County product, 2024, Cullman County$4,284,754,000
- County product change over the prior year, Cullman County5.9 percent
- Average income of an arriving household, Cullman County$65,185
Every figure in this section is published for Cullman County as a whole and is not a measurement of Hanceville. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Hanceville questions, answered from the record.
How many people live in Hanceville, Alabama?
3,270, in 1,362 households. Hanceville city covers 4.41 square miles of land, which is 742 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Hanceville in?
Cullman County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Hanceville?
$41,791. The median owner-occupied home is valued at $169,800. Median gross rent is $812 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Hanceville businesses?
1 7(a) approvals totalling $20,000, across 1 lenders, median approval $20,000, plus 4 504 approvals worth $2.0 m. These count approvals to borrowers whose address is in Hanceville, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Hanceville borrowers get paid back?
No rate is published for Hanceville. only 1 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Hanceville figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Cullman County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Hanceville.
Is zoning published for Hanceville?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.