Spanish Fort, AL

Average · 93

Alabama · Population 10,377 · Updated March 2026

$1,246
Median Rent / Month
$101,574
Median Income
$314,000
Median Home Value
$1,310
Owner Costs / Month

Affordability

How far your income goes in Spanish Fort

14.7%
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

$14,952
Annual Rent
$5,079
State Income Tax
$1,287
Property Tax (est.)

Cost of Living Overview

Spanish Fort offers a below-average cost of living, giving residents more purchasing power compared to many US cities. With a cost index of 93 (where 100 equals the national median), Spanish Fort residents can expect to pay median rent of $1,246/month while earning a median household income of $101,574/year.

The median home value in Spanish Fort, AL is $314,000, with typical monthly owner costs around $1,310 including mortgage, insurance, and taxes. The median rent-to-income ratio of 14.7% 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 Spanish Fort.

Frequently Asked Questions

Common questions about living costs in Spanish Fort

What is the cost of living in Spanish Fort, AL?
The cost of living index in Spanish Fort, AL is 93 (US average = 100). Median monthly rent is $1,246, median household income is $101,574/year, and the median home value is $314,000.
Is Spanish Fort, AL affordable?
Yes, Spanish Fort is more affordable than the national average with a cost index of 93. The rent-to-income ratio is 14.7%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Spanish Fort, AL?
The median gross rent in Spanish Fort, AL is $1,246 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $14,952.
What is the median household income in Spanish Fort?
The median household income in Spanish Fort, AL is $101,574 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%.