Cost of living
Southside, Alabama
(Southside is Located in Etowah County)
Cost of living in Southside, Alabama
Cost of living
compared to USA
low
Cost of living
compared to Alabama
low
Median household
income
high
Is it expensive to live in Southside, Alabama? When calculating the cost of living in Southside, 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 Southside, Alabama is lowAnalytics 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, while median household income in Southside is $70,306 which is high 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 Southside, Alabama
The sales tax rate in Southside, Alabama is 10.0%. Last year, the average property taxes paid was 0.4% Southside, 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 Southside, 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 Southside, Alabama, 90.0% of the population owns their homes, while approximately 10.0% rent. The average cost of a single-family home in Southside, Alabama in 2023 is $235,994 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 $894 per month.
Rental Size | Monthly Cost | Compared to Alabama |
---|---|---|
1 Bedroom | $894 | moderateAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
2 Bedroom | $1,062 | moderateAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
3 Bedroom | $1,361 | moderateAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
4 Bedroom | $1,450 | 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 56%
Housing units without a mortgage 44%
Housing units without a mortgage 44%
Housing units with a mortgage, contract to purchase, or similar debt 56%
Housing units with multiple mortgages 7%
Housing units with no second mortgage and no home equity loan 93%
Home equity loan without a primary mortgage 0%
Mortgage, with only second mortgage 40%
Mortgage, with only home equity loan 60%
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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