Cost of living
Elrod-Moores Bridge-Echola, Alabama
(Elrod-Moores Bridge-Echola is Located in Tuscaloosa County)
Cost of living in Elrod-Moores Bridge-Echola, Alabama
Cost of living
compared to USA
the lowest
Cost of living
compared to Alabama
the lowest
Median household
income
low
Is it expensive to live in Elrod-Moores Bridge-Echola, Alabama? When calculating the cost of living in Elrod-Moores Bridge-Echola, 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 Elrod-Moores Bridge-Echola, 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 Elrod-Moores Bridge-Echola is $44,091 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 moderateAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Alabama.
Taxes in Elrod-Moores Bridge-Echola, Alabama
The sales tax rate in Elrod-Moores Bridge-Echola, Alabama is 9.3%. Last year, the average property taxes paid was 0.4% Elrod-Moores Bridge-Echola, 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 Elrod-Moores Bridge-Echola, Alabama
The average cost of
a single-family home
compated to USA
the lowest
The average cost of
a single-family home
compated to Alabama
low
In Elrod-Moores Bridge-Echola, Alabama, 86.0% of the population owns their homes, while approximately 14.0% rent. The average cost of a single-family home in Elrod-Moores Bridge-Echola, Alabama in 2023 is $157,880 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 $690 per month.
Rental Size | Monthly Cost | Compared to Alabama |
---|---|---|
1 Bedroom | $690 | lowAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
2 Bedroom | $841 | lowAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
3 Bedroom | $1,051 | lowAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
4 Bedroom | $1,141 | 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 49%
Housing units without a mortgage 51%
Housing units without a mortgage 51%
Housing units with a mortgage, contract to purchase, or similar debt 49%
Housing units with multiple mortgages 42%
Housing units with no second mortgage and no home equity loan 58%
Home equity loan without a primary mortgage 0%
Mortgage, with only second mortgage 0%
Mortgage, with only home equity loan 100%
Mortgage with both second mortgage and home equity loan 0%
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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