Prattville, AL

Below Avg · 79

Alabama · Population 38,850 · Updated March 2026

$1,250
Median Rent / Month
$79,396
Median Income
$208,500
Median Home Value
$1,185
Owner Costs / Month

Affordability

How far your income goes in Prattville

18.9%
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

$15,000
Annual Rent
$3,970
State Income Tax
$855
Property Tax (est.)

Cost of Living Overview

Prattville is significantly cheaper than the national average, making it an attractive option for budget-conscious individuals and families. With a cost index of 79 (where 100 equals the national median), Prattville residents can expect to pay median rent of $1,250/month while earning a median household income of $79,396/year.

The median home value in Prattville, AL is $208,500, with typical monthly owner costs around $1,185 including mortgage, insurance, and taxes. The median rent-to-income ratio of 18.9% 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 Prattville.

Frequently Asked Questions

Common questions about living costs in Prattville

What is the cost of living in Prattville, AL?
The cost of living index in Prattville, AL is 79 (US average = 100). Median monthly rent is $1,250, median household income is $79,396/year, and the median home value is $208,500.
Is Prattville, AL affordable?
Yes, Prattville is more affordable than the national average with a cost index of 79. The rent-to-income ratio is 18.9%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Prattville, AL?
The median gross rent in Prattville, AL is $1,250 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $15,000.
What is the median household income in Prattville?
The median household income in Prattville, AL is $79,396 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%.