Hobson City, Alabama

Cost of living in Hobson City, Alabama

  • Cost of living compared to USAthe lowest
  • Cost of living compared to Alabamathe lowest
  • Median household incomelow

Is it expensive to live in Hobson City, Alabama? When calculating the cost of living in Hobson City, 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 Hobson City, Alabama is the lowestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and the lowestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Alabama, while median household income in Hobson City is $50,145 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 highAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Alabama.

Taxes in Hobson City, Alabama

The sales tax rate in Hobson City, Alabama is 10.0%. Last year, the average property taxes paid was 0.4% Hobson City, 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 Hobson City, Alabama

  • The average cost of a single-family home compared to USAthe lowest
  • The average cost of a single-family home compared to Alabamathe lowest

In Hobson City, Alabama, 69.0% of the population owns their homes, while approximately 31.0% rent. The average cost of a single-family home in Hobson City, Alabama in 2022 is $122,865 which is the lowestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and the lowestAnalytics 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 $636 per month.

Rental SizeMonthly CostCompared to Alabama
1 Bedroom$636the lowestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
2 Bedroom$841lowAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
3 Bedroom$1,141moderateAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
4 Bedroom$1,236moderateAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest