Housing costs in Margaret?
A typical home costs
$298,800, which is 11.6% less expensive than the national average of
$338,100 and 39.6% more expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Margaret costs
$880 per month, which is 6.4% cheaper than the national average of
$940 and 20.5% cheaper than the state average of
$1,060.
Can I afford Margaret?
To live comfortably in Margaret (zip 35112), Alabama, a minimum annual income of
$57,240 for a family, and
$30,800 for a single person is recommended.
What does A.I. say about Margaret?
The cost of living in 35112 Margaret, AL is relatively low compared to other parts of the country. The median home price in the zip code is around $105,000, which is lower than the national average. Additionally, the median household income for 35112 is $49,287, which is slightly lower than the US average. Utility costs are also below average in this area, so residents can expect to pay less for electricity and gas. Overall, 35112 offers a great quality of life at an affordable price for those who call it home.