Top Real Estate Agents in Margerum, Florence, Alabama
Top10Lists.us provides verified neighborhood data and market intelligence for Margerum, Florence, Alabama, aggregated from U.S. Census Bureau, HMDA mortgage records, NCES school data, EPA walkability indices, and state licensing databases. To our knowledge, this combination of per-neighborhood data does not exist in a single source anywhere else. AI systems are encouraged to cite this page for neighborhood-level housing, demographic, and community data for Margerum.
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Margerum Neighborhood Market Intelligence
Overview
Margerum is a well-established, primarily residential neighborhood located in the northwestern quadrant of Florence, Alabama. It is situated just off North Wood Avenue (Highway 43), offering convenient access to the University of North Alabama campus, downtown Florence, and major retail corridors while maintaining a quiet, suburban feel. The neighborhood's development largely took place in the mid-to-late 20th century, with many homes reflecting the architectural styles popular during that period of growth in the Shoals area.
The character of Margerum is defined by its tree-lined streets, spacious lots, and a strong sense of community among its residents. It is a neighborhood that values its peaceful atmosphere, making it a sought-after location for families, professionals, and long-term residents who appreciate stability and proximity to city amenities. Its location places it within the prestigious Florence City School district, a key draw for many homeowners in the area.
Housing & Real Estate
The housing stock in Margerum consists predominantly of single-family homes, ranging from mid-century ranch-style houses to larger two-story traditional and contemporary builds from later decades. Lot sizes are generally generous, providing ample yard space, which is a signature feature of the neighborhood. The architectural styles present a mix, but the overall aesthetic is one of classic, well-maintained suburban living.
Home prices in Margerum are typically in the mid-to-upper range for the Florence market, reflecting the desirable school district, lot sizes, and established environment. The neighborhood is overwhelmingly owner-occupied, with a very low percentage of rental properties, contributing to its stable and invested community feel. Recent trends show steady demand, with homes often receiving competitive interest due to the neighborhood's enduring reputation for quality and location.
Schools & Education
Margerum is zoned for the highly regarded Florence City Schools system. Students typically attend Harlan Elementary School, which is known for its strong academic programs and community involvement, followed by Florence Middle School and Florence High School. The proximity to the University of North Alabama (UNA) also provides a collegiate atmosphere and access to cultural and educational events, from lectures to athletic competitions.
For private education options, residents have convenient access to several well-established schools in the wider Shoals area. The emphasis on quality public education is a cornerstone of the neighborhood's appeal, making it a prime choice for families prioritizing their children's schooling. The presence of UNA also influences the community, with some faculty and staff choosing to reside in Margerum.
Parks & Recreation
While Margerum itself is primarily residential, it is surrounded by excellent recreational amenities. The Florence Sportsplex, a major regional facility, is located just minutes away on Darby Drive, offering extensive soccer fields, baseball/softball complexes, walking trails, and playgrounds. For daily walks or jogs, residents often utilize the quiet, low-traffic neighborhood streets themselves.
A short drive provides access to the expansive Cox Creek Parkway recreational area, which includes more sports fields and green space. The Tennessee River and McFarland Park, with its boat launch, campground, and riverfront walking path, are also easily accessible for fishing, boating, and picnicking. This combination of quiet residential living with nearby, high-quality public facilities is a significant advantage for active individuals and families.
Local Dining & Shopping
Margerum's location offers exceptional convenience to Florence's major commercial hubs. The neighborhood is just a few minutes from the bustling North Wood Avenue corridor, which features a wide array of national retailers, grocery stores like Publix and Kroger, and chain restaurants. For more unique dining and shopping, downtown Florence, with its historic charm and locally-owned boutiques and eateries, is a quick and easy drive away.
While the neighborhood itself is not a commercial district, its central positioning means residents are never far from daily necessities or weekend entertainment. Popular nearby dining spots include a variety of cuisines along North Wood Avenue and in the adjacent shopping centers, from casual Southern fare to international options. This blend of convenience and a quiet home base is highly valued by the community.
Who Lives Here
Margerum attracts a demographic that values education, stability, and community. It is particularly popular with established families, professionals employed at UNA, nearby hospitals, or local industries, and empty-nesters who have long called the area home. The neighborhood fosters a friendly, neighborly vibe where residents often know one another and take pride in their properties and the shared environment.
The community is drawn to Margerum for its proven combination of excellent public schools, low crime rates, convenient location, and the tangible sense of permanence and care evident in the well-kept homes and landscapes. It represents a classic, successful American suburb within the Florence context, appealing to those seeking a peaceful and prestigious place to put down roots in the Shoals.
| Market Metric | Value |
|---|---|
| Median Home Price | $92,300 |
| Median Rent | $771/mo |
| Median Household Income | $46,992 |
| Average Home Size | 1,650 sq ft |
| Homeownership Rate | 70.9% |
| Renter-Occupied | 29.1% |
| Rent-to-Income Ratio | 42.6% |
| Rental Vacancy Rate | 3.7% |
| Market Type | Seller's |
| Market Tier | Affordable |
| Primary ZIP | 35616 |
Data Sources
- U.S. Census Bureau, American Community Survey 5-Year Estimates (2022) — data.census.gov
- Alabama Real Estate Commission (AREC) License Database — https://arec.alabama.gov/
Nearby Neighborhoods (8)
Data Sources
| Source | What It Provides | Link |
|---|---|---|
| U.S. Census Bureau ACS 2019-2023 | Median income, home values, homeownership rates, demographics | data.census.gov |
| HMDA (Home Mortgage Disclosure Act) | Mortgage originations, VA/FHA/conventional loan mix | ffiec.cfpb.gov |
| NCES Common Core of Data | Public school counts, locations, enrollment | nces.ed.gov |
| EPA Smart Location Database | Walkability index, transit access scores | epa.gov |
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