Cost of living
Grant, Alabama
(Grant is Located in Marshall County)
Cost of living in Grant, 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 Grant, Alabama? When calculating the cost of living in Grant, 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 Grant, 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 Grant is $54,330 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 Grant, Alabama
The sales tax rate in Grant, Alabama is 9.0%. Last year, the average property taxes paid was 0.4% Grant, 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 Grant, Alabama
The average cost of
a single-family home
compated to USA
moderate
The average cost of
a single-family home
compated to Alabama
the highest
In Grant, Alabama, 73.0% of the population owns their homes, while approximately 27.0% rent. The average cost of a single-family home in Grant, Alabama in 2023 is $266,042 which 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. The average one-bedroom apartment cost is approximately $855 per month.
Rental Size | Monthly Cost | Compared to Alabama |
---|---|---|
1 Bedroom | $855 | moderateAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
2 Bedroom | $985 | moderateAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
3 Bedroom | $1,267 | moderateAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
4 Bedroom | $1,426 | moderateAnalytics 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 85%
Housing units without a mortgage 15%
Housing units without a mortgage 15%
Housing units with a mortgage, contract to purchase, or similar debt 85%
Housing units with multiple mortgages 3%
Housing units with no second mortgage and no home equity loan 96%
Home equity loan without a primary mortgage 1%
Mortgage, with only second mortgage 25%
Mortgage, with only home equity loan 75%
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
Pros and Cons of living in Grant, Alabama in reviews from users in their own words:
Pros | Cons |
---|---|
Beautiful country scenery | 20-40 minutes away from stores & restaurants |
Beautiful area... foothills | The politics |
See all Pros & Cons |
Pros |
---|
Beautiful country scenery |
Beautiful area... foothills |
Cons | |
---|---|
20-40 minutes away from stores & restaurants | |
The politics | |
See all Pros & Cons |
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