Cost of Living in Underwood-Petersville, AL
Population 3,049 · Alabama · Data vintage 2023
(100 = US avg)
Underwood-Petersville's median household income of $43,000 is a meaningful share below the national figure, which shapes most of the downstream economic indicators — from housing affordability to the share of residents living below the poverty line (17% here).
Located 60 miles west of Huntsville, Underwood-Petersville is far enough out that local conditions diverge meaningfully from the big-metro baseline. Median home values run roughly 55% lower than Huntsville's $263,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Underwood-Petersville
The median home value in Underwood-Petersville is $118,900 — 61% below the national median of $305,000. Median rent runs $749/month, 43% lower than the national median of $1,314/month. The median household income of $43,000/year is 42% 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%. Overall, Underwood-Petersville has a cost of living index of 46 versus the US average of 100, meaning it is 54% less expensive.
Underwood-Petersville 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 Underwood-Petersville, AL?
Underwood-Petersville has a cost index of 46 (100 = national average). It is 54% below the national average.
What is average rent in Underwood-Petersville, AL?
The median gross rent in Underwood-Petersville is $749 per month based on 2023 Census data.
What is the average home price in Underwood-Petersville?
The median home value in Underwood-Petersville is $118,900 according to 2023 Census ACS data.
What is the median income in Underwood-Petersville?
The median household income in Underwood-Petersville is $43,000 per year (2023 ACS 5-year estimates).
What is the sales tax in Underwood-Petersville, AL?
The combined state and local sales tax rate in Underwood-Petersville is 9.2%. The Alabama state income tax top rate is 5.0%.
Is Underwood-Petersville, AL affordable?
Yes, Underwood-Petersville is generally considered affordable, with a cost of living index of 46 — about 54% below the US national average of 100.
Underwood-Petersville at a Glance
- Population
- 3,049
- Median Income
- $43,000
- Home Value
- $118,900
- Median Rent
- $749/mo
- Unemployment
- 6.0%
- Sales Tax
- 9.2%
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