Housing costs in Hanceville?
A typical home costs
$183,000, which is 45.9% less expensive than the national average of
$338,100 and 14.5% less expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Hanceville costs
$820 per month, which is 12.8% cheaper than the national average of
$940 and close to the state average of
$820.
Can I afford Hanceville?
To live comfortably in Hanceville (zip 35077), Alabama, a minimum annual income of
$34,920 for a family, and
$26,400 for a single person is recommended.
What does A.I. say about Hanceville?
The cost of living in 35077 Hanceville, AL is relatively low compared to the national average and even other cities within Alabama. The median home price in Hanceville is $142,600, which is 31.4% lower than the Alabama average. Similarly, the cost of basic living expenses such as groceries and healthcare are also quite low in comparison. Furthermore, transportation costs tend to be much cheaper than the national average due to the town's rural location and lack of public transit. All these factors make 35077 Hanceville, AL a great place to live for those who want to save money on their everyday expenses.