Cost of Living in Saks, AL

Population 10,727 · Alabama · Data vintage 2023

50
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 Saks a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $113,000.

Geographically, Saks is about 55 miles east of Birmingham, the nearest large metro. Median home values run roughly 18% lower than Birmingham's $139,000.

Cost Overview

Housing 37
Rent 68

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

About the Cost of Living in Saks

The median home value in Saks is $113,400 — 63% below the national median of $305,000. Median rent runs $898/month, 32% lower than the national median of $1,314/month. The median household income of $50,529/year is 32% lower than the US median of $74,580. The local unemployment rate is 6.0%, 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%. The climate averages highs of 74.0°F and lows of 52.2°F. Overall, Saks has a cost of living index of 50 versus the US average of 100, meaning it is 50% less expensive.

🏠 Housing

Median Home Value
$113,400
63% below avg
Zillow Home Value
$366,886
Zillow ZHVI
Median Rent
$898/mo
32% below avg
Price-to-Rent Ratio
10.5x
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 73.7%
Renter-occupied 26.3%

💰 Estimated Monthly Budget

Rent median rent
$898
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,512/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
28.2 min
4% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
2.7%

Commute Mode

Drove alone
83.5%
Carpooled
10.2%
Public transit
3.5%
Work from home
2.7%

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
$50,529
32% below avg
Per Capita Income
$28,493
Unemployment Rate
6.0%
24% above avg
Poverty Rate
15.0%
Labor Force Participation
58.7%

🎓 Education

Bachelor's degree+ 9.9%
Graduate degree 7.0%

👥 Demographics

Median Age 39.9
Male median age 35.1
Female median age 43.1

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
74.0°F
Avg Low
52.2°F
Annual Precip
52.1"
30° 48° 65° 83° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 555967758288909085766557
Low °F 343744516067717064524137
Precip" 4.845.085.374.434.354.374.683.513.113.254.534.60

Frequently Asked Questions

What is the cost of living in Saks, AL?

Saks has a cost index of 50 (100 = national average). It is 50% below the national average.

What is average rent in Saks, AL?

The median gross rent in Saks is $898 per month based on 2023 Census data.

What is the average home price in Saks?

The median home value in Saks is $113,400 according to Zillow and Census data.

What is the median income in Saks?

The median household income in Saks is $50,529 per year (2023 ACS 5-year estimates).

What is the sales tax in Saks, AL?

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

Is Saks, AL affordable?

Yes, Saks is generally considered affordable, with a cost of living index of 50 — about 50% below the US national average of 100.

What is the weather like in Saks?

Saks has average high temperatures of 74.0°F and average lows of 52.2°F. Annual precipitation is 52.1". Data from NOAA 1991–2020 Climate Normals.

Saks at a Glance

Population
10,727
Median Income
$50,529
Home Value
$113,400
Median Rent
$898/mo
Unemployment
6.0%
Avg High Temp
74.0°F
Sales Tax
9.2%
View all cities in Alabama →
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Explore county-level cost of living data

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