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housing costs · Alabama

Housing costs in Morgan County

What it costs to live here: rent, home values and the share of income rent takes.

FIPS 01103SOURCE: Census ACSEvery figure source-linked

Cite: FACTANKER, https://factanker.com/us/al/morgan-county/housing-costs

Median gross rent

Survey periodValueMargin of errorSource
2020–2024$864± $26evidence →
2019–2023$835± $29evidence →
2018–2022$791± $27evidence →
2017–2021$714± $22evidence →

Median home value

Survey periodValueMargin of errorSource
2020–2024$212,000± $6,594evidence →
2019–2023$193,000± $6,229evidence →
2018–2022$174,800± $6,852evidence →
2017–2021$152,400± $4,377evidence →

Rent as share of income

Survey periodValueMargin of errorSource
2020–202428.3 %± 1.6 %evidence →
2019–202327.7 %± 1.4 %evidence →
2018–202228.3 %± 1.5 %evidence →
2017–202128.0 %± 1.1 %evidence →

In context

Median rent in Morgan County is $864, 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.