Cost of Living in Fayette County, AL

What does it cost to live in Fayette County? Income, housing, and affordability breakdown.

Median Income

$45,650

Median Rent

$600/mo

Median Home

$112,700

Affordability

599

Housing Cost Breakdown

Owning (20% down, 6.5%)

Mortgage (P&I)$570
Property Tax$27
Insurance$38

Total Monthly$635
% of Income16.7%

Renting

Median Rent$600
Renter's Insurance$25

Total Monthly$625
% of Income15.8%

Living in Fayette County, Alabama

Fayette County has a median household income of $45,650 with housing costs that represent 16.7% of income for owners and 15.8% for renters. Housing costs are within the recommended 30% of income threshold.

The affordability index of 599 (100 = median income perfectly covers median housing costs) gives a quick snapshot. Use our calculator for a comprehensive comparison across counties, including taxes, utilities, healthcare, and commute costs.

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Other Counties in Alabama

County-level data from U.S. Census Bureau American Community Survey (ACS) 2022 5-Year Estimates. Additional sources: Bureau of Labor Statistics, Bureau of Economic Analysis. Estimates are county-level medians. This is not financial advice.