Cost of Living in Forestdale, AL

Population 9,149 · Alabama · Data vintage 2023

63
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Under 25,000 residents gives Forestdale a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $151,000. At 7.1%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.

Located 7 miles northwest of Birmingham, Forestdale falls within that metro's commuting orbit. Median home values run roughly 9% higher than Birmingham's $139,000.

Cost Overview

Housing 49
Rent 83

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

About the Cost of Living in Forestdale

The median home value in Forestdale is $150,700 — 51% below the national median of $305,000. Median rent runs $1,094/month, 17% lower than the national median of $1,314/month. The median household income of $57,145/year is 23% lower than the US median of $74,580. The local unemployment rate is 7.1%, 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, Forestdale has a cost of living index of 63 versus the US average of 100, meaning it is 37% less expensive.

🏠 Housing

Median Home Value
$150,700
51% below avg
Zillow Home Value
$123,133
Zillow ZHVI
Median Rent
$1,094/mo
17% below avg
Zillow Rent
$1,310/mo
Zillow ZORI
Price-to-Rent Ratio
11.5x
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 71.1%
Renter-occupied 28.9%

💰 Estimated Monthly Budget

Rent median rent
$1,094
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,708/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
29.6 min
10% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
5.9%

Commute Mode

Drove alone
87.5%
Carpooled
6.4%
Work from home
5.9%

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
$57,145
23% below avg
Per Capita Income
$31,196
Unemployment Rate
7.1%
47% above avg
Poverty Rate
18.5%
Labor Force Participation
64.7%

🎓 Education

Bachelor's degree+ 15.5%
Graduate degree 12.0%

👥 Demographics

Median Age 42.4
Male median age 43
Female median age 41.9

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 61 — Moderate
20%
Good air days/yr
255
Max AQI recorded
312
PM2.5 days
53
Ozone days

Frequently Asked Questions

What is the cost of living in Forestdale, AL?

Forestdale has a cost index of 63 (100 = national average). It is 37% below the national average.

What is average rent in Forestdale, AL?

The median gross rent in Forestdale is $1,094 per month based on 2023 Census data.

What is the average home price in Forestdale?

The median home value in Forestdale is $150,700 according to Zillow and Census data.

What is the median income in Forestdale?

The median household income in Forestdale is $57,145 per year (2023 ACS 5-year estimates).

What is the sales tax in Forestdale, AL?

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

Is Forestdale, AL affordable?

Yes, Forestdale is generally considered affordable, with a cost of living index of 63 — about 37% below the US national average of 100.