Cost of living in Gadsden, Alabama

Cost of living compared to USAlow
Cost of living compared to Alabamalow
Median household incomethe lowest

Is it expensive to live in Gadsden, Alabama? When calculating the cost of living in Gadsden, 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 Gadsden, Alabama is lowAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and lowAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Alabama, while median household income in Gadsden is $42,491 which is the lowest Analytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and lowAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Alabama.

Taxes in Gadsden, Alabama

The sales tax rate in Gadsden, Alabama is 9.5%. Last year, the average property taxes paid was 0.4% Gadsden, 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 Gadsden, Alabama

The average cost of a single-family home compared to USAlow
The average cost of a single-family home compared to Alabamamoderate

In Gadsden, Alabama, 58.0% of the population owns their homes, while approximately 42.0% rent. The average cost of a single-family home in Gadsden, Alabama in 2022 is $165,521 which is lowAnalytics 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. The average one-bedroom apartment cost is approximately $696 per month.

Rental Size	Monthly Cost	Compared to Alabama
1 Bedroom	$696	moderateAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
2 Bedroom	$812	lowAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
3 Bedroom	$1,034	lowAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
4 Bedroom	$1,102	the lowestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest