Housing costs in River Falls?
A typical home costs
$136,500, which is 59.6% less expensive than the national average of
$338,100 and 36.2% less expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in River Falls costs
$740 per month, which is 48.3% cheaper than the national average of
$1,430 and 27.0% cheaper than the state average of
$940.
Can I afford River Falls?
To live comfortably in River Falls (zip 36476), Alabama, a minimum annual income of
$26,280 for a family, and
$22,400 for a single person is recommended.
What does A.I. say about River Falls?
The cost of living in 36476 River Falls, AL is quite affordable. The median home value is $119,100, which is significantly lower than the national average of $184,700. Additionally, the median household income of $43,740 is lower than the national average of $53,482. When it comes to taxes, River Falls has a relatively low sales tax rate of 8%, which is well below the national average of 7.12%. Overall, living in 36476 River Falls provides residents with access to an affordable lifestyle both in terms of housing and taxes.