Cost of Living in Hamilton, AL
Population 6,907 · Alabama · Data vintage 2023
(100 = US avg)
Hamilton is a smaller Alabama community of around 7000 residents, where median household incomes of $53,714 and housing costs ($104,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape.
Geographically, Hamilton is about 65 miles northwest of Tuscaloosa, the nearest large metro. Median home values run roughly 56% lower than Tuscaloosa's $237,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Hamilton
The median home value in Hamilton is $103,500 — 66% below the national median of $305,000. Median rent runs $544/month, 59% lower than the national median of $1,314/month. The median household income of $53,714/year is 28% lower than the US median of $74,580. The local unemployment rate is 4.4%, below 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, Hamilton has a cost of living index of 37 versus the US average of 100, meaning it is 63% less expensive.
Hamilton has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
Frequently Asked Questions
What is the cost of living in Hamilton, AL?
Hamilton has a cost index of 37 (100 = national average). It is 63% below the national average.
What is average rent in Hamilton, AL?
The median gross rent in Hamilton is $544 per month based on 2023 Census data.
What is the average home price in Hamilton?
The median home value in Hamilton is $103,500 according to Zillow and Census data.
What is the median income in Hamilton?
The median household income in Hamilton is $53,714 per year (2023 ACS 5-year estimates).
What is the sales tax in Hamilton, AL?
The combined state and local sales tax rate in Hamilton is 9.2%. The Alabama state income tax top rate is 5.0%.
Is Hamilton, AL affordable?
Yes, Hamilton is generally considered affordable, with a cost of living index of 37 — about 63% below the US national average of 100.
Hamilton at a Glance
- Population
- 6,907
- Median Income
- $53,714
- Home Value
- $103,500
- Median Rent
- $544/mo
- Unemployment
- 4.4%
- Sales Tax
- 9.2%
Nearby Cities
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Alabama Rankings
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