Housing costs in Loachapoka?
A typical home costs
$159,200, which is 52.9% less expensive than the national average of
$338,100 and 25.6% less expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Loachapoka costs
$1,050 per month, which is 11.7% more than the national average of
$940 and 5.7% more than the state average of
$990.
Can I afford Loachapoka?
To live comfortably in Loachapoka (zip 36865), Alabama, a minimum annual income of
$30,600 for a family, and
$32,800 for a single person is recommended.
What does A.I. say about Loachapoka?
The cost of living in 36865 Loachapoka, AL is quite low compared to the national average. According to the most recent data from BestPlaces, the median household income in Loachapoka is $31,250 and the estimated median house or condo value is just over $67,000 making it a very affordable place to live. Groceries, transportation, and utilities are all much cheaper than average and housing costs are among the lowest in Alabama. All in all, Loachapoka offers a great quality of life at a fraction of what you would pay in other areas of the state.