Housing costs in Hoover?
A typical home costs
$394,400, which is 16.7% more expensive than the national average of
$338,100 and 84.3% more expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Hoover costs
$1,490 per month, which is 58.5% more than the national average of
$940 and 28.9% more than the state average of
$1,060.
Can I afford Hoover?
To live comfortably in Hoover (zip 35226), Alabama, a minimum annual income of
$75,600 for a family, and
$52,400 for a single person is recommended.
What does A.I. say about Hoover?
The cost of living in 35226 Hoover, AL is very reasonable compared to other cities. The median home value is around $214,400, which is only slightly higher than the US average. Renting is also quite affordable, with the median rent being just over $1,000 per month. Taxes are relatively low as well. Sales tax is currently 8%, while income taxes range from 2-5%. In general, living in Hoover can be a very economical option for those looking for a place to call home.