Ozark, AL

Very Low · 49

Alabama · Population 14,348 · Updated March 2026

$773
Median Rent / Month
$46,951
Median Income
$138,600
Median Home Value
$647
Owner Costs / Month

Affordability

How far your income goes in Ozark

19.8%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

Tax Burden in Alabama

State-level tax rates that affect your costs

5.0%
Income Tax (Top Rate)
4.0%
Sales Tax
0.41%
Property Tax Rate

Estimated Annual Costs

$9,276
Annual Rent
$2,348
State Income Tax
$568
Property Tax (est.)

Cost of Living Overview

Ozark is significantly cheaper than the national average, making it an attractive option for budget-conscious individuals and families. With a cost index of 49 (where 100 equals the national median), Ozark residents can expect to pay median rent of $773/month while earning a median household income of $46,951/year.

The median home value in Ozark, AL is $138,600, with typical monthly owner costs around $647 including mortgage, insurance, and taxes. The median rent-to-income ratio of 19.8% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.

Alabama has a moderate income tax rate of 5.0%. Combined with a 4.0% sales tax rate and 0.41% effective property tax rate, the overall tax environment is a factor in the total cost of living in Ozark.

Frequently Asked Questions

Common questions about living costs in Ozark

What is the cost of living in Ozark, AL?
The cost of living index in Ozark, AL is 49 (US average = 100). Median monthly rent is $773, median household income is $46,951/year, and the median home value is $138,600.
Is Ozark, AL affordable?
Yes, Ozark is more affordable than the national average with a cost index of 49. The rent-to-income ratio is 19.8%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Ozark, AL?
The median gross rent in Ozark, AL is $773 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $9,276.
What is the median household income in Ozark?
The median household income in Ozark, AL is $46,951 per year. This compares to the national median of approximately $80,000.
What are the taxes like in Alabama?
Alabama has a top income tax rate of 5.0%, a sales tax of 4.0%, and an effective property tax rate of 0.41%.