Housing costs in Belk?
A typical home costs
$116,800, which is 65.5% less expensive than the national average of
$338,100 and 45.4% less expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Belk costs
$720 per month, which is 49.7% cheaper than the national average of
$1,430 and 30.6% cheaper than the state average of
$940.
Can I afford Belk?
To live comfortably in Belk (zip 35545), Alabama, a minimum annual income of
$22,320 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about Belk?
The cost of living in 35545 Belk, AL is fairly low. The median home value is approximately $ 106,800, which is much lower than the US average of $ 218,700. Additionally, the median household income in this area is $ 41,998 per year, which is slightly below the US average of $ 61,937 and significantly lower than many other parts of Alabama. Consequently, individuals and families who live in this area can usually expect to save money on housing costs and other expenses compared to more expensive areas of the state.