Housing costs in Letohatchee?
A typical home costs
$130,400, which is 61.4% less expensive than the national average of
$338,100 and 39.1% less expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Letohatchee 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 Letohatchee?
To live comfortably in Letohatchee (zip 36047), Alabama, a minimum annual income of
$24,840 for a family, and
$28,000 for a single person is recommended.
What does A.I. say about Letohatchee?
The cost of living in 36047 Letohatchee, AL is relatively low compared to other areas of the state and country. According to the United States Census Bureau, the median household income for this area is $72,917, much lower than the national median of $61,937. Additionally, the median home value is significantly lower than the Alabama median at $182,100 versus $174,200. The cost of goods and services within Letohatchee are also lower than neighboring areas and the national average. This makes it a desirable place to live for those who want to save money while maintaining a comfortable lifestyle.