Cost of living
Town Creek (Marshall County), Alabama
(Town Creek (Marshall County) is Located in Marshall County)
Cost of living in Town Creek (Marshall County), Alabama
Cost of living
compared to USA
low
Cost of living
compared to Alabama
moderate
Median household
income
the lowest
Is it expensive to live in Town Creek (Marshall County), Alabama? When calculating the cost of living in Town Creek (Marshall County), 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 Town Creek (Marshall County), 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 Town Creek (Marshall County) is $40,395 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 lowAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Alabama.
Taxes in Town Creek (Marshall County), Alabama
The sales tax rate in Town Creek (Marshall County), Alabama is 8.7%. Last year, the average property taxes paid was 0.4% Town Creek (Marshall County), 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 Town Creek (Marshall County), 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 Town Creek (Marshall County), Alabama, 88.0% of the population owns their homes, while approximately 12.0% rent. The average cost of a single-family home in Town Creek (Marshall County), Alabama in 2023 is $240,933 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 $850 per month.
Rental Size | Monthly Cost | Compared to Alabama |
---|---|---|
1 Bedroom | $850 | moderateAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
2 Bedroom | $970 | moderateAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
3 Bedroom | $1,240 | moderateAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
4 Bedroom | $1,350 | 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 52%
Housing units without a mortgage 48%
Housing units without a mortgage 48%
Housing units with a mortgage, contract to purchase, or similar debt 52%
Housing units with multiple mortgages 3%
Housing units with no second mortgage and no home equity loan 92%
Home equity loan without a primary mortgage 5%
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
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