Housing costs in Hanceville?
A typical home costs
$191,500, which is 43.4% less expensive than the national average of
$338,100 and 10.5% less expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Hanceville costs
$830 per month, which is 42.0% cheaper than the national average of
$1,430 and 13.3% cheaper than the state average of
$940.
Can I afford Hanceville?
To live comfortably in Hanceville, Alabama, a minimum annual income of
$36,720 for a family, and
$26,800 for a single person is recommended.
What does A.I. say about Hanceville?
Hanceville, AL is known for its affordability in comparison to other areas. The cost of living in Hanceville is approximately 8% lower than the national average, making it an ideal place to live for those who want to stretch their budget. The median home price in Hanceville is around $128,000, which is significantly lower than the national median. The low housing costs paired with an abundance of jobs and low unemployment rates make Hanceville a great option for those looking for a quality place to settle down.