Home/Alabama/Lawrence County

Lawrence County Housing Market

Alabama · 67 counties · Ranked #1155 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$150,700

vs national$150,700 vs $281,900 national

Median Gross Rent

$708/mo

vs national$708 vs $1,163 national

Effective Tax Rate

0.30%

vs national0.30% vs 1.02% national

Median Household Income

$60,040

vs national$60,040 vs $74,755 national

Affordability Ratio

2.5x

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

Rent Burden

21.0%

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

More Housing Data

Property Tax (Median)

$459

Tax as % of Home Value

0.30%

Monthly Owner Cost

$628

Renter Income

$44,181

Frequently Asked Questions

What is the median home value in Lawrence County?
The median home value in Lawrence County is $150,700. This is below the national median of $281,900.
How much is rent in Lawrence County?
The median gross rent in Lawrence County is $708 per month.
What is the property tax rate in Lawrence County?
The effective property tax rate in Lawrence County is 0.30%. The median annual property tax bill is $459.
Is Lawrence County affordable?
With a home-value-to-income ratio of 2.5x, Lawrence 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.