Cost of living
Arab, Alabama
(Arab is Located in Marshall County)
Cost of living in Arab, Alabama
Cost of living
compared to USA
low
Cost of living
compared to Alabama
moderate
Median household
income
moderate
Is it expensive to live in Arab, Alabama? When calculating the cost of living in Arab, 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 Arab, Alabama 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, while median household income in Arab is $55,509 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 Arab, Alabama
The sales tax rate in Arab, Alabama is 10.6%. Last year, the average property taxes paid was 0.4% Arab, Alabama.
Here is the table with the State Income Taxes in the state of Alabama:
State Income Tax Brackets:
Income Brackets(single): | Income Brackets(Married): | Alabama Income Tax Rate |
---|---|---|
$0 - $500 | $0 - $1,000 | 2.0% |
$500 - $3,000 | $1,000 - $6,000 | 4.0% |
>= $3,000 | >= $6,000 | 5.0% |
Housing costs in Arab, Alabama
The average cost of
a single-family home
compated to USA
moderate
The average cost of
a single-family home
compated to Alabama
high
In Arab, Alabama, 77.0% of the population owns their homes, while approximately 23.0% rent. The average cost of a single-family home in Arab, Alabama in 2023 is $255,672 which is moderateAnalytics 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. The average one-bedroom apartment cost is approximately $845 per month.
Rental Size | Monthly Cost | Compared to Alabama |
---|---|---|
1 Bedroom | $845 | moderateAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
2 Bedroom | $975 | lowAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
3 Bedroom | $1,251 | moderateAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
4 Bedroom | $1,371 | lowAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
Utility Expenses for Occupied Housing Units per Month
Electric Bill
Gas Bill
Water and Sewer Bill
Expenses for Other House Heating Fuels
Mortgage status:
Housing units with a mortgage, contract to purchase, or similar debt 55%
Housing units without a mortgage 45%
Housing units without a mortgage 45%
Housing units with a mortgage, contract to purchase, or similar debt 55%
Housing units with multiple mortgages 11%
Housing units with no second mortgage and no home equity loan 87%
Home equity loan without a primary mortgage 2%
Mortgage, with only second mortgage 23%
Mortgage, with only home equity loan 75%
Mortgage with both second mortgage and home equity loan 2%
Gross rent as a percentage of household income in the past 12 months (dollars):
Year Structure Built
The dynamics of changes in housing prices
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