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These days, finding an affordable place to live in the Taylor area can be challenging. Home prices in Taylor are now at a median cost of $162,749, lower than the Alabama average of $228,911.
The average cost of rent is $1,015/mo in Taylor, primarily driven by the current value of real estate in the Taylor area. In Taylor, 25.56% of households rent, and 38.10% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Taylor is $5,477 per month. Households that rent pay about 18.53% of their income on rent here. Taylor’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Rehobeth, AL: higher priced homes
- Malvern, AL: equally priced homes
- Dothan, AL: higher priced homes
- Fadette, AL: higher priced homes
- Slocomb, AL: equally priced homes
- Madrid, AL: higher priced homes
- Wicksburg, AL: higher priced homes
- Cowarts, AL: equally priced homes
- State Line, AL: higher priced homes
- Avon, AL: equally priced homes
Cities with Similar Populations
- Plattsburg, MO: higher priced homes
- Estill, SC: less expensive homes
- Goodhue, MN: higher priced homes
- Gosport, IN: equally priced homes
- Harpursville, NY: less expensive homes
- Hayti, MO: less expensive homes
- Hoboken, GA: less expensive homes
- Pinch, WV: higher priced homes
- Pinebluff, NC: higher priced homes
- Arcadia, IN: higher priced homes
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