Cost of living in Selmont-West Selmont, Alabama

Cost of living
compared to USA

the lowest

Cost of living
compared to Alabama

the lowest

Median household
income

the lowest

Is it expensive to live in Selmont-West Selmont, Alabama? When calculating the cost of living in Selmont-West Selmont, 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 Selmont-West Selmont, 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 Selmont-West Selmont is $31,732 which is the lowest Analytics 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.

Taxes in Selmont-West Selmont, Alabama

The sales tax rate in Selmont-West Selmont, Alabama is 10.0%. Last year, the average property taxes paid was 0.4% Selmont-West Selmont, 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 Selmont-West Selmont, 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

the lowest

In Selmont-West Selmont, Alabama, 73.0% of the population owns their homes, while approximately 27.0% rent. The average cost of a single-family home in Selmont-West Selmont, Alabama in 2023 is $110,031 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 the lowestAnalytics 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 $740 per month.

Rental Size	Monthly Cost	Compared to Alabama
1 Bedroom	$740	lowAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
2 Bedroom	$880	lowAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
3 Bedroom	$1,120	lowAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
4 Bedroom	$1,440	highAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest