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Affordable
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These days, finding an affordable place to live in the Dempsey area can be challenging. Home prices in Dempsey are now at a median cost of $159,150, lower than the Alabama average of $228,911.
The average cost of rent is $690/mo in Dempsey, primarily driven by the current value of real estate in the Dempsey area. In Dempsey, 6.47% of households rent, and 73.04% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Dempsey is $6,731 per month. Households that rent pay about 10.25% of their income on rent here. Dempsey’s most expensive areas are in the southern 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
- Jonesboro, AL: equally priced homes
- Pleasant Site, AL: equally priced homes
- Old Nauvoo, AL: higher priced homes
- Piney Bend, AL: equally priced homes
- Frankfort, AL: equally priced homes
- Old Burleson, AL: less expensive homes
- Mynot, AL: less expensive homes
- Reedtown, AL: less expensive homes
- Rockwood, AL: higher priced homes
- Red Bay, AL: less expensive homes
Cities with Similar Populations
- Long Beach, OH: higher priced homes
- Literberry, IL: higher priced homes
- Tennga, GA: less expensive homes
- Tecumseh, IN: higher priced homes
- Taylors Corner, NC: less expensive homes
- Lockhart, MN: less expensive homes
- Lockington, OH: higher priced homes
- Tawney, MN: higher priced homes
- Lodi Center, NY: higher priced homes
- Logan, NY: higher priced homes
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