Cost of Living,
Underwood-Petersville's Real Estate Market
Florence-Muscle Shoals Metro Area
Profile: Small city Location: Extreme northwest Alabama along the Tennessee River Elevation: 540 Time zone: Central Standard Time
|Cost of living||Isolation|
|Low crime rate||Economic cycles|
|Entertainment (mainly music)||Arts & culture|
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Florence is the center of the shoals area of the Tennessee Valley and is adjacent to the more well-known and colorfully named town of Muscle Shoals. The area is business friendly, and located here are several manufacturing industries, including aluminum, rubber, and steel, but the job base has declined from its strongest years. The Cost of living Index is low and home prices are attractive. Crime rates are low for the region.
Downtown Florence is typically Southern, attractive, and full of historic interest. The entertainment scene is diverse and is bolstered by its blues roots, brought to life by the W. C. Handy Blues Festival and several recording studios in Muscle Shoals; there is considerable cultural interest here for those who like traditional Southern culture with a mildly funky flair.
The town straddles the Tennessee River in a broad river valley, with low hills to the north and south. The climate is a mix of humid subtropical and continental types, with four seasons; long, warm humid summers; and mild but variable winters.
Interesting Facts about Underwood-Petersville, Alabama
As of 2014, Underwood-Petersville's population is 3,325 people. Since 2000, it has had a population growth of 15.89 percent.--------------------
The median home cost in Underwood-Petersville is $96,000. Home appreciation the last year has been -1.40 percent.--------------------
Compared to the rest of the country, Underwood-Petersville's cost of living is 17.60% Lower than the U.S. average.--------------------
Underwood-Petersville public schools spend $9,378 per student. The average school expenditure in the U.S. is $12,435. There are about 15.4 students per teacher in Underwood-Petersville.--------------------
The unemployment rate in Underwood-Petersville is 5.90 percent(U.S. avg. is 6.30%). Recent job growth is Negative. Underwood-Petersville jobs have Decreased by 0.44 percent.
Ranked #12 America's Most (and Least) Stressful Cities (117 Smallest Metro Areas)
Ranked #26 America's Best and Worst Cities for Crime (Smallest Metro Areas)
Ranked #269 2005 Best Places to Live
Ranked #368 Best Green Cities
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Average Commute time is 18 minutes. The National Average is 25 minutes.--------------------
Underwood-Petersville'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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