Cost of Living in Albertville, AL

Population 22,584 · Alabama · Data vintage 2023

56
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Albertville is a smaller Alabama community of around 23000 residents, where median household incomes of $57,103 and housing costs ($159,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape.

Geographically, Albertville is about 40 miles southeast of Huntsville, the nearest large metro. Median home values run roughly 40% lower than Huntsville's $263,000.

Cost Overview

Housing 52
Rent 62

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Albertville

The median home value in Albertville is $158,900 — 48% below the national median of $305,000. Median rent runs $815/month, 38% lower than the national median of $1,314/month. The median household income of $57,103/year is 23% lower than the US median of $74,580. The local unemployment rate is 5.8%, above the national average of 4.8%. Alabama's top state income tax rate is 5.0% and the combined sales tax is 9.2%. Overall, Albertville has a cost of living index of 56 versus the US average of 100, meaning it is 44% less expensive.

🏠 Housing

Median Home Value
$158,900
48% below avg
Zillow Home Value
$211,365
Zillow ZHVI
Median Rent
$815/mo
38% below avg
Price-to-Rent Ratio
16.2x
Favors buying
Property Tax Rate
0.4%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$646
1 BR
$688
2 BR
$857
3 BR
$1,132
4 BR
$1,309
Owner-occupied 68.9%
Renter-occupied 31.1%

💰 Estimated Monthly Budget

Rent median rent
$815
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,429/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
22.7 min
16% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
2.4%

Commute Mode

Drove alone
82.8%
Carpooled
13.4%
Public transit
0.6%
Walked
0.2%
Work from home
2.4%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 5.0%
Total Sales Tax 9.2%
State rate 4.0%
Avg local rate 5.2%
Property Tax 0.4%

💼 Income & Employment

Median Household Income
$57,103
23% below avg
Per Capita Income
$26,572
Unemployment Rate
5.8%
21% above avg
Poverty Rate
17.1%
Labor Force Participation
60.6%

🎓 Education

Bachelor's degree+ 14.5%
Graduate degree 6.3%

👥 Demographics

Median Age 32.2
Male median age 30.6
Female median age 34.7

Frequently Asked Questions

What is the cost of living in Albertville, AL?

Albertville has a cost index of 56 (100 = national average). It is 44% below the national average.

What is average rent in Albertville, AL?

The median gross rent in Albertville is $815 per month based on 2023 Census data.

What is the average home price in Albertville?

The median home value in Albertville is $158,900 according to Zillow and Census data.

What is the median income in Albertville?

The median household income in Albertville is $57,103 per year (2023 ACS 5-year estimates).

What is the sales tax in Albertville, AL?

The combined state and local sales tax rate in Albertville is 9.2%. The Alabama state income tax top rate is 5.0%.

Is Albertville, AL affordable?

Yes, Albertville is generally considered affordable, with a cost of living index of 56 — about 44% below the US national average of 100.

Albertville at a Glance

Population
22,584
Median Income
$57,103
Home Value
$158,900
Median Rent
$815/mo
Unemployment
5.8%
Sales Tax
9.2%
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Explore county-level cost of living data

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