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Cherokee County Housing Market

Alabama · 67 counties · Ranked #1430 in home value

Below National Avg

Housing at a Glance

Median Home Value

$165,900

vs national$165,900 vs $281,900 national

Median Gross Rent

$750/mo

vs national$750 vs $1,163 national

Effective Tax Rate

0.39%

vs national0.39% vs 1.02% national

Median Household Income

$50,769

vs national$50,769 vs $74,755 national

Affordability Ratio

3.3x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

26.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$643

Tax as % of Home Value

0.39%

Monthly Owner Cost

$590

Renter Income

$37,446

Frequently Asked Questions

What is the median home value in Cherokee County?
The median home value in Cherokee County is $165,900. This is below the national median of $281,900.
How much is rent in Cherokee County?
The median gross rent in Cherokee County is $750 per month.
What is the property tax rate in Cherokee County?
The effective property tax rate in Cherokee County is 0.39%. The median annual property tax bill is $643.
Is Cherokee County affordable?
With a home-value-to-income ratio of 3.3x, Cherokee County is moderately affordable compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.