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Colbert County Housing Market

Alabama · 67 counties · Ranked #1354 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$161,600

vs national$161,600 vs $281,900 national

Median Gross Rent

$838/mo

vs national$838 vs $1,163 national

Effective Tax Rate

0.37%

vs national0.37% vs 1.02% national

Median Household Income

$56,736

vs national$56,736 vs $74,755 national

Affordability Ratio

2.8x

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

Rent Burden

28.0%

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

More Housing Data

Property Tax (Median)

$604

Tax as % of Home Value

0.37%

Monthly Owner Cost

$769

Renter Income

$32,867

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Frequently Asked Questions

What is the median home value in Colbert County?

The median home value in Colbert County is $161,600. This is below the national median of $281,900.

How much is rent in Colbert County?

The median gross rent in Colbert County is $838 per month.

What is the property tax rate in Colbert County?

The effective property tax rate in Colbert County is 0.37%. The median annual property tax bill is $604.

Is Colbert County affordable?

With a home-value-to-income ratio of 2.8x, Colbert County is considered 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.