Housing costs in Anderson?
A typical home costs
$197,000, which is 41.7% less expensive than the national average of
$338,100 and 7.9% less expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Anderson costs
$880 per month, which is 6.4% cheaper than the national average of
$940 and 8.0% more than the state average of
$810.
Can I afford Anderson?
To live comfortably in Anderson (zip 35610), Alabama, a minimum annual income of
$37,800 for a family, and
$26,800 for a single person is recommended.
What does A.I. say about Anderson?
The cost of living in 35610 Anderson, AL is fairly low compared to the national average. Housing costs are extremely affordable, with median home sale prices around $50,000 and median rent at only $650 per month. Utilities are also reasonably priced, with electricity usually costing around $115 for a typical household. Groceries and everyday items are also quite cheap, allowing locals to stretch their hard-earned money further. The unemployment rate in the area is slightly above the national average, but overall economic opportunities remain strong due to its close proximity to larger cities like Birmingham and Huntsville.