Cost of living in Vincent, Alabama

Cost of living compared to USAmoderate
Cost of living compared to Alabamathe highest
Median household incomemoderate

Is it expensive to live in Vincent, Alabama? When calculating the cost of living in Vincent, 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 Vincent, Alabama 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, while median household income in Vincent is $57,132 which is moderate 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 Vincent, Alabama

The sales tax rate in Vincent, Alabama is 9.5%. Last year, the average property taxes paid was 0.5% Vincent, 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 Vincent, Alabama

The average cost of a single-family home compared to USAhigh
The average cost of a single-family home compared to Alabamathe highest

In Vincent, Alabama, 81.0% of the population owns their homes, while approximately 19.0% rent. The average cost of a single-family home in Vincent, Alabama in 2022 is $264,388 which is highAnalytics 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 $1,086 per month.

Rental Size	Monthly Cost	Compared to Alabama
1 Bedroom	$1,086	the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
2 Bedroom	$1,240	the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
3 Bedroom	$1,586	the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
4 Bedroom	$1,723	the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest