The median household income in Cottonwood, AL in 2022 was $32,532, which was 83.4% less than the median annual income of $59,674 across the entire state of Alabama. Compared to the median income of $21,452 in 2000 this represents an increase of 34.1%. The per capita income in 2022 was $21,211, which means an increase of 38.2% compared to 2000 when it was $13,111.
Whole page based on the data from 2000 / 2022 when the population of Cottonwood, Alabama was 1,170 / 1,256
Income statistics for all residents
Median household income in Cottonwood, AL in 2022:
Cottonwood:
$32,532
State:
$59,674
Change in median household income between 2000 and 2022:
Cottonwood, Alabama:
+51.7%
State:
+74.8%
Number of households with income < $10k:
Cottonwood:
17.9% (103)
State:
7.6% (152,705)
Number of households with income $10k - 20k:
Cottonwood:
15.2% (87)
State:
9.8% (197,409)
Number of households with income $20k - 30k:
Cottonwood:
11.5% (66)
Alabama:
9.1% (183,727)
Number of households with income $30k - 40k:
Cottonwood:
16.0% (92)
Alabama:
8.1% (164,262)
Number of households with income $40k - 50k:
Cottonwood:
15.9% (91)
State:
8.1% (163,755)
Number of households with income $50k - 60k:
Cottonwood:
2.4% (14)
Alabama:
7.5% (151,424)
Number of households with income $60k - 75k:
Cottonwood:
7.5% (43)
State:
9.2% (185,971)
Number of households with income $75k - 100k:
Cottonwood:
4.5% (26)
State:
12.6% (253,313)
Number of households with income $100k - 125k:
Cottonwood:
3.1% (18)
State:
9.1% (184,314)
Number of households with income $125k - 150k:
Cottonwood:
0.3% (2)
State:
5.7% (115,397)
Number of households with income $150k - 200k:
Cottonwood:
1.7% (10)
State:
6.4% (129,875)
Number of households with income > $200k:
Cottonwood:
3.8% (22)
Alabama:
6.7% (134,296)
Aggregate household income in Cottonwood in 2022: $25,000,761
Median family income in Cottonwood in 2022:
Cottonwood:
$41,618
State:
$77,668
Number of families with income < $10k:
Cottonwood:
5.4% (15)
State:
4.4% (57,461)
Number of families with income $10k - 20k:
Cottonwood:
11.5% (32)
State:
5.5% (72,559)
Number of families with income $20k - 30k:
Cottonwood:
17.3% (49)
State:
6.9% (89,939)
Number of families with income $30k - 40k:
Cottonwood:
11.5% (32)
State:
6.8% (88,598)
Number of families with income $40k - 50k:
Cottonwood:
20.6% (58)
State:
7.4% (96,539)
Number of families with income $50k - 60k:
Cottonwood:
0.4% (1)
State:
7.1% (93,159)
Number of families with income $60k - 75k:
Cottonwood:
6.6% (19)
Alabama:
10.1% (132,858)
Number of families with income $75k - 100k:
Cottonwood:
8.8% (25)
State:
14.4% (189,114)
Number of families with income $100k - 125k:
Cottonwood:
5.7% (16)
State:
11.8% (154,222)
Number of families with income $125k - 150k:
Cottonwood:
0.7% (2)
State:
7.7% (100,319)
Number of families with income $150k - 200k:
Cottonwood:
3.6% (10)
State:
8.7% (113,549)
Number of families with income > $200k:
Cottonwood:
7.9% (22)
State:
9.2% (120,671)
Median non-family income in Cottonwood in 2022:
Cottonwood:
$26,594
Alabama:
$32,330
Median per capita income in Cottonwood in 2022:
Cottonwood:
$21,211
State:
$33,777
Change in median per capita income between 2000 and 2022:
Cottonwood, Alabama:
+61.8%
Alabama:
+85.7%
Income statistics for White residents
Median household income in Cottonwood, AL in 2022:
Cottonwood:
$33,286
Alabama:
$68,168
Change in median household income between 2000 and 2022:
Cottonwood, Alabama:
+26.1%
State:
+76.9%
Number of households with income < $10k:
Cottonwood:
12.6% (49)
Alabama:
6.0% (81,374)
Number of households with income $10k - 20k:
Cottonwood:
13.6% (53)
State:
7.7% (103,935)
Number of households with income $20k - 30k:
Cottonwood:
10.8% (42)
State:
7.9% (106,652)
Number of households with income $30k - 40k:
Cottonwood:
21.0% (82)
State:
7.6% (101,967)
Number of households with income $40k - 50k:
Cottonwood:
12.1% (47)
State:
7.6% (101,782)
Number of households with income $50k - 60k:
Cottonwood:
3.1% (12)
State:
7.7% (104,223)
Number of households with income $60k - 75k:
Cottonwood:
9.5% (37)
State:
9.2% (124,640)
Number of households with income $75k - 100k:
Cottonwood:
6.2% (24)
State:
13.5% (182,175)
Number of households with income $100k - 125k:
Cottonwood:
2.8% (11)
State:
10.4% (140,351)
Number of households with income $125k - 150k:
Cottonwood:
0.5% (2)
State:
6.7% (89,912)
Number of households with income $150k - 200k:
Cottonwood:
2.1% (8)
Alabama:
7.5% (101,623)
Number of households with income > $200k:
Cottonwood:
5.9% (23)
State:
8.1% (109,449)
Aggregate household income in Cottonwood in 2022: $19,658,787
Median family income in Cottonwood in 2022:
Cottonwood:
$43,381
State:
$87,431
Number of families with income < $10k:
Cottonwood:
4.0% (8)
State:
3.0% (27,027)
Number of families with income $10k - 20k:
Cottonwood:
7.0% (13)
State:
3.7% (33,799)
Number of families with income $20k - 30k:
Cottonwood:
15.8% (30)
State:
5.2% (46,603)
Number of families with income $30k - 40k:
Cottonwood:
14.1% (27)
State:
5.9% (53,168)
Number of families with income $40k - 50k:
Cottonwood:
18.3% (35)
State:
6.7% (60,599)
Number of families with income $60k - 75k:
Cottonwood:
7.4% (14)
State:
10.0% (89,817)
Number of families with income $75k - 100k:
Cottonwood:
11.9% (23)
State:
15.3% (138,117)
Number of families with income $100k - 125k:
Cottonwood:
4.4% (8)
State:
13.2% (119,120)
Number of families with income $125k - 150k:
Cottonwood:
1.0% (2)
State:
8.8% (79,234)
Number of families with income $150k - 200k:
Cottonwood:
4.1% (8)
State:
9.9% (89,633)
Number of families with income > $200k:
Cottonwood:
12.1% (23)
State:
11.0% (99,298)
Median non-family income in Cottonwood in 2022:
Cottonwood:
$32,844
State:
$35,655
Median per capita income in Cottonwood in 2022:
Cottonwood:
$26,169
Alabama:
$38,538
Change in median per capita income between 2000 and 2022:
Cottonwood, Alabama:
+68.0%
State:
+85.7%
Income statistics for Black or African American residents
Number of households with income < $10k:
Cottonwood:
28.6% (50)
State:
11.6% (61,525)
Number of households with income $10k - 20k:
Cottonwood:
15.4% (27)
State:
15.7% (83,337)
Number of households with income $20k - 30k:
Cottonwood:
9.7% (17)
State:
12.1% (64,285)
Number of households with income $30k - 40k:
Cottonwood:
10.9% (19)
State:
9.5% (50,471)
Number of households with income $40k - 50k:
Cottonwood:
25.1% (44)
State:
9.3% (49,396)
Number of households with income $50k - 60k:
Cottonwood:
0.6% (1)
State:
7.1% (37,794)
Number of households with income $60k - 75k:
Cottonwood:
2.3% (4)
State:
8.8% (46,635)
Number of households with income $75k - 100k:
Cottonwood:
1.1% (2)
State:
10.2% (54,232)
Number of households with income $100k - 125k:
Cottonwood:
5.1% (9)
Alabama:
5.7% (30,295)
Number of households with income $125k - 150k:
Cottonwood:
0.0% (0)
State:
3.3% (17,334)
Number of households with income $150k - 200k:
Cottonwood:
1.1% (2)
State:
3.6% (18,943)
Number of households with income > $200k:
Cottonwood:
0.0% (0)
State:
2.8% (14,974)
Aggregate household income in Cottonwood in 2022: $4,498,474
Median family income in Cottonwood in 2022:
Cottonwood:
$42,604
Alabama:
$51,033
Number of families with income < $10k:
Cottonwood:
8.0% (7)
State:
8.4% (26,238)
Number of families with income $10k - 20k:
Cottonwood:
19.2% (16)
State:
11.2% (34,919)
Number of families with income $20k - 30k:
Cottonwood:
15.5% (13)
State:
11.7% (36,395)
Number of families with income $30k - 40k:
Cottonwood:
8.8% (7)
Alabama:
9.0% (27,923)
Number of families with income $40k - 50k:
Cottonwood:
26.4% (22)
State:
8.9% (27,641)
Number of families with income $50k - 60k:
Cottonwood:
1.8% (1)
Alabama:
6.5% (20,198)
Number of families with income $60k - 75k:
Cottonwood:
4.8% (4)
State:
10.6% (32,832)
Number of families with income $75k - 100k:
Cottonwood:
2.6% (2)
State:
12.2% (38,008)
Number of families with income $100k - 125k:
Cottonwood:
10.2% (8)
State:
7.6% (23,549)
Number of families with income $150k - 200k:
Cottonwood:
2.7% (2)
State:
5.0% (15,690)
Median per capita income in Cottonwood in 2022:
Cottonwood:
$13,105
Alabama:
$24,808
Change in median per capita income between 2000 and 2022:
Cottonwood, Alabama:
+99.4%
State:
+112.7%
Income statistics for Multirace residents
Aggregate household income in Cottonwood in 2022: $9,298,021
Median per capita income in Cottonwood in 2022:
Cottonwood:
$17,438
State:
$23,257
Change in median per capita income between 2000 and 2022:: -11.7%
Cottonwood, Alabama:
-11.7%
Alabama:
+87.3%
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-11.7%
+87.3%