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Affordable
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These days, finding an affordable place to live in the Tuscumbia area can be challenging. Home prices in Tuscumbia are now at a median cost of $186,474, lower than the Alabama average of $228,911.
The average cost of rent is $781/mo in Tuscumbia, primarily driven by the current value of real estate in the Tuscumbia area. In Tuscumbia, 29.50% of households rent, and 46.56% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Tuscumbia is $5,884 per month. Households that rent pay about 13.27% of their income on rent here. Tuscumbia’s most expensive areas are in the eastern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Cedar Hills Estates, AL: equally priced homes
- Sheffield, AL: less expensive homes
- Colbert Heights, AL: less expensive homes
- Colonial Heights, AL: higher priced homes
- Muscle Shoals, AL: higher priced homes
- Spring Valley, AL: higher priced homes
- Steenson Hollow, AL: less expensive homes
- Crooked Oak, AL: equally priced homes
- Wilson Lake Shores, AL: less expensive homes
- Lakeview Highlands, AL: less expensive homes
Cities with Similar Populations
- Ladys Island, SC: higher priced homes
- Signal Mountain, TN: higher priced homes
- Sierra Vista Southeast, AZ: higher priced homes
- Short Hills, NJ: higher priced homes
- Shorewood, WI: higher priced homes
- Shively, KY: less expensive homes
- Shawano, WI: equally priced homes
- Sharonville, OH: higher priced homes
- Seven Oaks, SC: higher priced homes
- Seven Corners, VA: higher priced homes
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