HomeAlabamaFranklin CountyRed Bay
Red Bay, Alabama: commercial real estate data.
Red Bay is a Census city of 3,201 people across 9.75 square miles of land, in Franklin County. Median household income is $37,473, 58.3 percent of occupied homes are owned, and the SBA record carries 1 7(a) approvals to borrowers here worth $350,000 since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Red Bay
What Red Bay is
- Census place typecity
- Land area9.75 sq mi
- Water area0.09 sq mi
- Population per square mile of land328
- County holding the largest share of its areaFranklin 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.
Red Bay
How many people live in Red Bay
- Population3,201
- Median age46.8
- Population under 18577 plus or minus 149
- Share under 1818.0 percent plus or minus 4.6
- Population 65 and over637 plus or minus 188
- Share 65 and over19.9 percent plus or minus 5.9
- Households1,457
- Family households846
- Share of households that are families58.1 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Red Bay
Income and work in Red Bay
- Median household income$37,473 plus or minus $14,051
- Per capita income$29,327
- Civilian labor force1,447
- Employed1,406
- Unemployed41 plus or minus 34
- Unemployment rate2.8 percent plus or minus 2.3
- Adults 25 and over2,410
- Adults 25 and over with a high school diploma or higher85.0 percent
- Adults 25 and over with a bachelor degree or higher21.2 percent plus or minus 7.4
- Adults 25 and over with a graduate degree7.1 percent plus or minus 3.4
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Red Bay
Housing in Red Bay
- Housing units1,688
- Occupied units1,457
- Vacant units231 plus or minus 115
- Vacancy rate13.7 percent plus or minus 6.7
- Owner occupied850 plus or minus 177
- Renter occupied607 plus or minus 147
- Ownership rate58.3 percent
- Median owner-occupied home value$108,200
- Median gross rent, monthly$542
- Annual rent as a share of median income17.4 percent plus or minus 7.4
- Single family units1,252
- Share single family74.2 percent
- Units in buildings of two or more392 plus or minus 167
- Share in buildings of two or more23.2 percent plus or minus 9.6
- Mobile homes44 plus or minus 41
- Median year structure built1972
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Red Bay
How Red Bay gets to work
- Workers 16 and over who commute1,370
- Commuting under 15 minutes670 plus or minus 211
- Share commuting under 15 minutes48.9 percent plus or minus 13.8
- Commuting 30 minutes or more455 plus or minus 191
- Share commuting 30 minutes or more33.2 percent plus or minus 13.2
- Drove alone81.5 percent
- Carpooled11.2 percent plus or minus 7.5
- Public transport0.0 percent
- Walked0.0 percent
- Worked from home1.5 percent plus or minus 1.8
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Red Bay
SBA loans in Red Bay (7(a))
- Approvals1
- Gross approval$350,000
- Average approval$350,000
- Median approval$350,000
- Largest approval$350,000
- Jobs supported5
- Jobs per approval5.0
- Loans with a final outcome1
- Paid in full1
- Charged off0
- Median term179 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders1
- Distinct industries by NAICS1
Counted by borrower city: approvals to borrowers whose address is in Red Bay, in any county, FY2020 to FY2026. Only 1 loan has reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Red Bay
Flood risk in Red Bay
- NFIP communityCity of Red Bay
- NFIP community number010334
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date09/29/10
The City of Red Bay participates in the National Flood Insurance Program as community 010334 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Franklin County, not Red Bay
Franklin County context, not Red Bay figures
- Establishments in Franklin County539
- Covered employment, Franklin County10,956
- Average annual pay, Franklin County$48,266
- Housing units permitted, Franklin County13
Every figure in this section is published for Franklin County as a whole and is not a measurement of Red Bay.
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.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Red Bay questions, answered from the record.
How many people live in Red Bay, Alabama?
3,201, in 1,457 households. Red Bay city covers 9.75 square miles of land, which is 328 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Red Bay in?
Franklin 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 Red Bay?
$37,473. The median owner-occupied home is valued at $108,200. Median gross rent is $542 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Red Bay businesses?
1 7(a) approvals totaling $350,000 since FY2020, across 1 lenders, median approval $350,000. These count approvals to borrowers whose address is in Red Bay, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Red Bay borrowers get paid back?
No rate is published for Red Bay. Only 1 loan has reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Red Bay in the National Flood Insurance Program?
Yes. Red Bay appears in the FEMA Community Status Book as Red Bay, city of, community 010334, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Red Bay figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Franklin 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 Red Bay.
Is zoning published for Red Bay?
No. Nothing on this page presents parcel level zoning.
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