Housing costs in Slocomb?
A typical home costs
$144,500, which is 57.3% less expensive than the national average of
$338,100 and 32.5% less expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Slocomb costs
$740 per month, which is 21.3% cheaper than the national average of
$940 and 2.7% cheaper than the state average of
$760.
Can I afford Slocomb?
To live comfortably in Slocomb (zip 36375), Alabama, a minimum annual income of
$27,720 for a family, and
$24,400 for a single person is recommended.
What does A.I. say about Slocomb?
The cost of living in 36375 Slocomb, AL is very reasonable. The median home value is around $134,000, which is lower than the national average. The median household income is around $47,400 and monthly housing costs are about $851 on average. These figures show that the cost of living in Slocomb is relatively affordable compared to other locations. Additionally, the local economy remains strong with a variety of job opportunities available in the area. With its low cost of living and strong economy, Slocomb remains an attractive place for those looking to settle down or invest in real estate.