Cost of living in Speake-Oakville, 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 Speake-Oakville, Alabama? When calculating the cost of living in Speake-Oakville, 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 Speake-Oakville, 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 Speake-Oakville is $44,278 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 Speake-Oakville, Alabama

The sales tax rate in Speake-Oakville, Alabama is 9.0%. Last year, the average property taxes paid was 0.4% Speake-Oakville, 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 Speake-Oakville, Alabama

The average cost of
a single-family home
compated to USA

low

The average cost of
a single-family home
compated to Alabama

low

In Speake-Oakville, Alabama, 72.0% of the population owns their homes, while approximately 28.0% rent. The average cost of a single-family home in Speake-Oakville, Alabama in 2023 is $216,494 which 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. The average one-bedroom apartment cost is approximately $735 per month.

Rental Size	Monthly Cost	Compared to Alabama
1 Bedroom	$735	the lowestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
2 Bedroom	$890	the lowestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
3 Bedroom	$1,150	the lowestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
4 Bedroom	$1,295	the lowestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest