housing costs · Alabama
Housing costs in Madison County
What it costs to live here: rent, home values and the share of income rent takes.
Median gross rent
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $1,209 | ± $22 | evidence → |
| 2019–2023 | $1,116 | ± $21 | evidence → |
| 2018–2022 | $1,043 | ± $20 | evidence → |
| 2017–2021 | $936 | ± $19 | evidence → |
Median home value
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $299,200 | ± $5,530 | evidence → |
| 2019–2023 | $267,800 | ± $5,182 | evidence → |
| 2018–2022 | $242,900 | ± $4,922 | evidence → |
| 2017–2021 | $202,500 | ± $5,254 | evidence → |
Rent as share of income
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | 27.5 % | ± 0.9 % | evidence → |
| 2019–2023 | 27.6 % | ± 1.0 % | evidence → |
| 2018–2022 | 26.9 % | ± 1.0 % | evidence → |
| 2017–2021 | 27.0 % | ± 1.0 % | evidence → |
In context
Median rent in Madison County is $1,209, above the Alabama median of $776 across 67 counties (2020–2024).
American Community Survey, five-year estimates. Each release covers five years, so consecutive releases overlap by four of them — a change from one release to the next is damped, and reading them as annual values understates swings. Margins of error are at 90 % confidence and are wide in sparsely populated counties.