Cost of Living in Highland Lakes, AL

Population 5,673 · Alabama · Data vintage 2023

184
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Housing in Highland Lakes sits 84% above the national median — $563,000 for the typical home — but median household incomes near $169,833 (128% above the US figure) soften the blow that similar pricing creates in lower-wage metros. An unemployment rate of 2.2% points to a labor market well on the tight side of the national distribution.

Geographically, Highland Lakes sits roughly 12 miles southeast of Birmingham. Median home values run roughly 306% higher than Birmingham's $139,000.

Cost Overview

Housing 184

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

About the Cost of Living in Highland Lakes

The median home value in Highland Lakes is $562,600 — 84% above the national median of $305,000. The median household income of $169,833/year is 128% higher than the US median of $74,580. The local unemployment rate is 2.2%, 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, Highland Lakes has a cost of living index of 184 versus the US average of 100, meaning it is 84% more expensive.

🏠 Housing

Median Home Value
$562,600
84% above avg
Zillow Home Value
$727,615
Zillow ZHVI
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 99.1%
Renter-occupied 0.9%

🛒 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
32.1 min
19% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
21.2%

Commute Mode

Drove alone
74.6%
Carpooled
3.6%
Work from home
21.2%

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
$169,833
128% above avg
Per Capita Income
$84,261
Unemployment Rate
2.2%
54% below avg
Poverty Rate
4.2%
Labor Force Participation
66.2%

🎓 Education

Bachelor's degree+ 48.1%
Graduate degree 24.3%

👥 Demographics

Median Age 45.5
Male median age 45.7
Female median age 45.4

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 40 — Good
85.5%
Good air days/yr
108
Max AQI recorded
0
PM2.5 days
242
Ozone days

Frequently Asked Questions

What is the cost of living in Highland Lakes, AL?

Highland Lakes has a cost index of 184 (100 = national average). It is 84% above the national average.

What is the average home price in Highland Lakes?

The median home value in Highland Lakes is $562,600 according to Zillow and Census data.

What is the median income in Highland Lakes?

The median household income in Highland Lakes is $169,833 per year (2023 ACS 5-year estimates).

What is the sales tax in Highland Lakes, AL?

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

Is Highland Lakes, AL affordable?

Highland Lakes is above average in cost of living, with an index of 184 — about 84% higher than the national average.