Cost of living in Mount Meigs, Alabama

Cost of living
compared to USA

low

Cost of living
compared to Alabama

high

Median household
income

the highest

Is it expensive to live in Mount Meigs, Alabama? When calculating the cost of living in Mount Meigs, 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 Mount Meigs, Alabama is lowAnalytics 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, while median household income in Mount Meigs is $81,445 which is the highest Analytics 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.

Taxes in Mount Meigs, Alabama

The sales tax rate in Mount Meigs, Alabama is 9.6%. Last year, the average property taxes paid was 0.4% Mount Meigs, 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 Mount Meigs, 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 Mount Meigs, Alabama, 80.0% of the population owns their homes, while approximately 20.0% rent. The average cost of a single-family home in Mount Meigs, Alabama in 2023 is $218,039 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 $1,097 per month.

Rental Size	Monthly Cost	Compared to Alabama
1 Bedroom	$1,097	the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
2 Bedroom	$1,315	the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
3 Bedroom	$1,670	the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
4 Bedroom	$2,109	the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest