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These days, finding an affordable place to live in the Burchfield area can be challenging. Home prices in Burchfield are now at a median cost of $205,800, lower than the Alabama average of $228,911.
The average cost of rent is $848/mo in Burchfield, primarily driven by the current value of real estate in the Burchfield area. In Burchfield, 18.49% of households rent, and 71.91% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Burchfield is $6,807 per month. Households that rent pay about 12.46% of their income on rent here. Burchfield’s most expensive areas are in the eastern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Searles, AL: equally priced homes
- East Brookwood, AL: equally priced homes
- Adger, AL: less expensive homes
- Abernant, AL: higher priced homes
- Brookwood, AL: equally priced homes
- Giles, AL: higher priced homes
- North Johns, AL: less expensive homes
- Lake View, AL: higher priced homes
- Fleetwood, AL: higher priced homes
- Vance, AL: equally priced homes
Cities with Similar Populations
- Anderson, KY: less expensive homes
- Wittens Mills, VA: less expensive homes
- Ayrshire, IA: equally priced homes
- Asbury, AL: less expensive homes
- Woodsville, NJ: higher priced homes
- Yale, IL: less expensive homes
- Youmans, FL: higher priced homes
- Alma, WV: less expensive homes
- Young, WV: less expensive homes
- Zama, MS: less expensive homes
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