Addison, Alabama

Cost of living in Addison, Alabama

  • Cost of living compated to USAlow
  • Cost of living compared to Alabamahigh
  • Median household incomelow

Is it expensive to live in Addison, Alabama? When calculating the cost of living in Addison, Alabama we factor in state income tax rates, average housing rental prices, average property values, cost of living index, and more.

The cost of living in Addison, Alabama is lowAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and highAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Alabama, while median household income in Addison is $47,405 which is low Analytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and moderateAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Alabama.

Taxes in Addison, Alabama

The sales tax rate in Addison, Alabama is 8.8%. Last year, the average property taxes paid was 0.3% Addison, Alabama.

Here is the table with the State Income Taxes in the state of Alabama:

State Income Tax Brackets (Single):

Income Bracket Threshold Income Bracket Ceiling Alabama Income Tax Rate
$0 $500 2.0%
$500 $3,000 4.0%
$3,000 $9,999,999 5.0%

State Income Tax Brackets (Married):

Income Bracket Threshold Income Bracket Ceiling Alabama Income Tax Rate
$0 $1,000 2.0%
$1,000 $6,000 4.0%
$6,000 $9,999,999 5.0%

Housing costs in Addison, Alabama

  • The average cost of a single-family home compated to USAmoderate
  • The average cost of a single-family home compated to Alabamathe highest

In Addison, Alabama, 71% of the population owns their homes, while approximately 29% rent. The average cost of a single-family home in Addison, Alabama in 2022 is $226,886 which is moderateAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Alabama. The average one-bedroom apartment cost is approximately $649 per month.

Rental SizeMonthly CostCompared to Alabama
1 Bedroom$649moderateAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
2 Bedroom$787lowAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
3 Bedroom$1,030lowAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
4 Bedroom$1,098lowAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest