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These days, finding an affordable place to live in the Carbon Hill area can be challenging. Home prices in Carbon Hill are now at a median cost of $89,725, lower than the Alabama average of $228,911.
The average cost of rent is $683/mo in Carbon Hill, primarily driven by the current value of real estate in the Carbon Hill area. In Carbon Hill, 22.73% of households rent, and 64.63% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Carbon Hill is $3,727 per month. Households that rent pay about 18.32% of their income on rent here. Carbon Hill’s most expensive areas are in the southeastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Pocahontas, AL: equally priced homes
- Kansas, AL: less expensive homes
- Nauvoo, AL: higher priced homes
- Prospect, AL: higher priced homes
- Studdards Crossroads, AL: less expensive homes
- Saragossa, AL: higher priced homes
- Eldridge, AL: higher priced homes
- Townley, AL: equally priced homes
- Pea Ridge, AL: higher priced homes
- Patton, AL: less expensive homes
Cities with Similar Populations
- Woodcreek, TX: higher priced homes
- Brookville, NY: higher priced homes
- Upperco, MD: higher priced homes
- Mount Ulla, NC: higher priced homes
- New Alexandria, PA: higher priced homes
- North Kingsville, OH: higher priced homes
- Ozona, TX: higher priced homes
- Lumber Bridge, NC: higher priced homes
- Peapack and Gladstone, NJ: higher priced homes
- Litchfield, MI: higher priced homes
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