Cost of Living in Valley Grande, AL

Population 4,106 · Alabama · Data vintage 2023

53
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 Valley Grande a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $127,000. Around 23% of residents live below the federal poverty line, a rate that tends to correlate with the income and housing figures above.

Geographically, Valley Grande is about 45 miles west of Montgomery, the nearest large metro. Median home values run roughly 15% lower than Montgomery's $149,000.

Cost Overview

Housing 42
Rent 69

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

About the Cost of Living in Valley Grande

The median home value in Valley Grande is $126,700 — 58% below the national median of $305,000. Median rent runs $908/month, 31% lower than the national median of $1,314/month. The median household income of $61,141/year is 18% lower than the US median of $74,580. The local unemployment rate is 3.8%, 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, Valley Grande has a cost of living index of 53 versus the US average of 100, meaning it is 47% less expensive.

🏠 Housing

Median Home Value
$126,700
58% below avg
Zillow Home Value
$327,986
Zillow ZHVI
Median Rent
$908/mo
31% below avg
Price-to-Rent Ratio
11.6x
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 89.9%
Renter-occupied 10.1%

💰 Estimated Monthly Budget

Rent median rent
$908
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,522/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
26.2 min
3% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
6.1%

Commute Mode

Drove alone
86.3%
Carpooled
6.4%
Walked
1.2%
Work from home
6.1%

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
$61,141
18% below avg
Per Capita Income
$27,955
Unemployment Rate
3.8%
21% below avg
Poverty Rate
22.8%
Labor Force Participation
58.1%

🎓 Education

Bachelor's degree+ 12.2%
Graduate degree 3.7%

👥 Demographics

Median Age 44.2
Male median age 47.1
Female median age 40

Frequently Asked Questions

What is the cost of living in Valley Grande, AL?

Valley Grande has a cost index of 53 (100 = national average). It is 47% below the national average.

What is average rent in Valley Grande, AL?

The median gross rent in Valley Grande is $908 per month based on 2023 Census data.

What is the average home price in Valley Grande?

The median home value in Valley Grande is $126,700 according to Zillow and Census data.

What is the median income in Valley Grande?

The median household income in Valley Grande is $61,141 per year (2023 ACS 5-year estimates).

What is the sales tax in Valley Grande, AL?

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

Is Valley Grande, AL affordable?

Yes, Valley Grande is generally considered affordable, with a cost of living index of 53 — about 47% below the US national average of 100.

Valley Grande at a Glance

Population
4,106
Median Income
$61,141
Home Value
$126,700
Median Rent
$908/mo
Unemployment
3.8%
Sales Tax
9.2%
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