Housing costs in Needham?
A typical home costs
$73,800, which is 78.2% less expensive than the national average of
$338,100 and 65.5% less expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Needham costs
$670 per month, which is 53.1% cheaper than the national average of
$1,430 and 40.3% cheaper than the state average of
$940.
Can I afford Needham?
To live comfortably in Needham (zip 36915), Alabama, a minimum annual income of
$14,040 for a family, and
$20,400 for a single person is recommended.
What does A.I. say about Needham?
The cost of living in 36915 Needham, AL is quite affordable, with an average home price of around $90,000. Additionally, the sales tax rate is a mere 4%, and the unemployment rate is extremely low at only 3.4%. In addition to affordable housing prices and low taxes, residents also benefit from an abundance of jobs available in the area due to recent development projects such as a new Walmart store opening this year. This has caused wages to rise significantly throughout the area, resulting in more disposable income for people living here. All these factors contribute to making 36915 Needham, AL a great place to live at an affordable cost.