Cost of Living,
Gadsden's Real Estate Market
Gadsden Metro Area
Profile: Small industrial town Location: Northeast Alabama, between Birmingham and Chattanooga, Tennessee Elevation: 624 Time zone: Central Standard Time
|Cost of living||Economy and jobs|
|Nearby water recreation||Low educational attainment|
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Gadsden is historically one of the state’s largest industrial centers, producing steel, rubber, fabricated metal and electronic equipment in an almost early 20th century company-town environment. The steel and rubber factories, led by Goodyear and Republic Steel, mostly went away in the 1980’s, leaving a fairly gritty and impoverished industrial landscape. The city worked hard through the 1990’s to reverse the tide with redevelopment investments with some success, but today Gadsden is still a mixed bag with unemployment, crime and education issues.
The setting, along the Coosa River and near the main southern Appalachian ridge is fairly attractive, and the nearby dammed-up portions of the Coosa River provide some entertainment. There are some new arts amenities and a new cultural arts center in a cleaned-up downtown area. Cost of living is attractive and the median home price is among the lowest in the state. Educational attainment is the lowest in the state.
Gadsden is in the Coosa River valley surrounded by hilly terrain with mixed forest, and is located at the south end of the long mountain ridge known as Lookout Mountain. The climate is humid subtropical with a continental influence. There are four seasons with long, hot humid summers and mild winters. The orientation of nearby ridges blocks some cold air from the north but funnels in humid air from the southwest.
Interesting Facts about Gadsden, Alabama
As of 2014, Gadsden's population is 36,888 people. Since 2000, it has had a population growth of -4.03 percent.--------------------
The median home cost in Gadsden is $70,800. Home appreciation the last year has been 0.50 percent.--------------------
Compared to the rest of the country, Gadsden's cost of living is 20.40% Lower than the U.S. average.--------------------
Gadsden public schools spend $8,507 per student. The average school expenditure in the U.S. is $12,435. There are about 16.1 students per teacher in Gadsden.--------------------
The unemployment rate in Gadsden is 8.30 percent(U.S. avg. is 6.30%). Recent job growth is Positive. Gadsden jobs have Increased by 0.18 percent.
Ranked #2 America's Most (and Least) Stressful Cities (117 Smallest Metro Areas)
Ranked #90 America's Best and Worst Cities for Crime (Smallest Metro Areas)
Ranked #324 2005 Best Places to Live
Ranked #357 Best Green Cities
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Average Commute time is 21 minutes. The National Average is 25 minutes.--------------------
Gadsden's Real Estate Market (click to see properties)
• Newly Listed Homes
• Most Expensive Listing
• Million Dollar Houses
• Homes from $750,001 to $1,000,000
• Homes from $500,001 to $750,000
• Homes from $250,000 to $500,000
• Homes under $250,000
• Median Priced Homes