Cost of Living in Red Bay, AL

Population 3,213 · Alabama · Data vintage 2023

38
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Household incomes in Red Bay run well below national norms — a median of $35,587 versus the $74,580 US figure. Housing costs partially offset that gap (typical home values around $106,000). Around 21% of residents live below the federal poverty line, a rate that tends to correlate with the income and housing figures above.

Located 85 miles west of Huntsville, Red Bay is far enough out that local conditions diverge meaningfully from the big-metro baseline. Median home values run roughly 60% lower than Huntsville's $263,000.

Cost Overview

Housing 35
Rent 43

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

About the Cost of Living in Red Bay

The median home value in Red Bay is $105,500 — 65% below the national median of $305,000. Median rent runs $565/month, 57% lower than the national median of $1,314/month. The median household income of $35,587/year is 52% lower than the US median of $74,580. The local unemployment rate is 1.8%, 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, Red Bay has a cost of living index of 38 versus the US average of 100, meaning it is 62% less expensive.

🏠 Housing

Median Home Value
$105,500
65% below avg
Zillow Home Value
$88,428
Zillow ZHVI
Median Rent
$565/mo
57% below avg
Price-to-Rent Ratio
15.6x
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 62.1%
Renter-occupied 37.9%

💰 Estimated Monthly Budget

Rent median rent
$565
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,179/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
23.1 min
14% below avg
Gas Price
$3.145/gal
0% below avg
0

Commute Mode

Drove alone
83.2%
Carpooled
15.4%

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
$35,587
52% below avg
Per Capita Income
$25,853
Unemployment Rate
1.8%
62% below avg
Poverty Rate
20.6%
Labor Force Participation
52.1%

🎓 Education

Bachelor's degree+ 11.4%
Graduate degree 5.8%

👥 Demographics

Median Age 48.5
Male median age 48.1
Female median age 48.8

Frequently Asked Questions

What is the cost of living in Red Bay, AL?

Red Bay has a cost index of 38 (100 = national average). It is 62% below the national average.

What is average rent in Red Bay, AL?

The median gross rent in Red Bay is $565 per month based on 2023 Census data.

What is the average home price in Red Bay?

The median home value in Red Bay is $105,500 according to Zillow and Census data.

What is the median income in Red Bay?

The median household income in Red Bay is $35,587 per year (2023 ACS 5-year estimates).

What is the sales tax in Red Bay, AL?

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

Is Red Bay, AL affordable?

Yes, Red Bay is generally considered affordable, with a cost of living index of 38 — about 62% below the US national average of 100.

Red Bay at a Glance

Population
3,213
Median Income
$35,587
Home Value
$105,500
Median Rent
$565/mo
Unemployment
1.8%
Sales Tax
9.2%
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🗺️ County data for Alabama

Explore county-level cost of living data

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