Lookout Mountain, Alabama

Cost of living in Lookout Mountain, Alabama

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

Is it expensive to live in Lookout Mountain, Alabama? When calculating the cost of living in Lookout Mountain, 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 Lookout Mountain, 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 Lookout Mountain is $39,988 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 Lookout Mountain, Alabama

The sales tax rate in Lookout Mountain, Alabama is 10.4%. Last year, the average property taxes paid was 0.4% Lookout Mountain, 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 Lookout Mountain, Alabama

  • The average cost of a single-family home compated to USAthe lowest
  • The average cost of a single-family home compated to Alabamalow

In Lookout Mountain, Alabama, 97% of the population owns their homes, while approximately 3% rent. The average cost of a single-family home in Lookout Mountain, Alabama in 2022 is $137,240 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 lowAnalytics 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 $580 per month.

Rental SizeMonthly CostCompared to Alabama
1 Bedroom$580the lowestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
2 Bedroom$710the lowestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
3 Bedroom$890the lowestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
4 Bedroom$960the lowestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest