Cost of Living,
Opelika's Real Estate Market
Auburn-Opelika Metro Area
Profile: College town complex Location: East-central Alabama near Georgia border Elevation: 658 Time zone: Central Standard Time
|College-town amenities||Hot, humid summers|
|Historic interest||Growth and sprawl |
|Strong economy||Crime rate|
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Auburn, home to Auburn University, the largest in Alabama, is a typical small college town with an inviting campus and attractive historic buildings in a nicely laid out downtown. Standout features include high educational attainment and low unemployment. While the Cost of living Index is very attractive for a college town, home prices are relatively high for the region but still reasonable on a national scale. The economy was once driven by agriculture, primarily cotton, then the university.
Today Auburn has a stronger commercial and industrial component, mainly small businesses and manufacturing. The business-friendly town of Opelika, 7 miles northeast, is considerably more industrial, with distribution centers, automotive parts manufacturers and a Uniroyal plan among others. Opelika has had some crime and education issues, and some live in Auburn and work in Opelika. The greater numbers discovering Auburn’s small town lifestyle, low costs, and advantages of living in a college town have driven strong growth and created some sprawl issues, and there is a comprehensive and innovative development plan to address them. The area is a bit isolated but services and amenities in Atlanta are 110 miles away.
The town sits in an area of gently rolling, wooded hills and level open plain at the geologic end of the Appalachian range. The climate is subtropical with warm, still, humid summers with most days in the 90’s and frequent thunderstorms. Winters are mild and wet with a few cold periods caused by northerly air masses. First freeze is early November, last is late March.
Interesting Facts about Opelika, Alabama
As of 2014, Opelika's population is 26,738 people. Since 2000, it has had a population growth of 12.41 percent.--------------------
The median home cost in Opelika is $146,000. Home appreciation the last year has been -3.60 percent.--------------------
Compared to the rest of the country, Opelika's cost of living is 3.70% Lower than the U.S. average.--------------------
Opelika public schools spend $10,248 per student. The average school expenditure in the U.S. is $12,435. There are about 15 students per teacher in Opelika.--------------------
The unemployment rate in Opelika is 5.30 percent(U.S. avg. is 6.30%). Recent job growth is Positive. Opelika jobs have Increased by 0.67 percent.
Ranked #59 America's Most (and Least) Stressful Cities (117 Smallest Metro Areas)
Ranked #102 America's Best and Worst Cities for Crime (Smallest Metro Areas)
Ranked #127 Best Green Cities
Ranked #192 2005 Best Places to Live
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Average Commute time is 18 minutes. The National Average is 25 minutes.--------------------
Opelika'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
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