Sylacauga, AL

Very Low · 51

Alabama · Population 12,388 · Updated March 2026

$717
Median Rent / Month
$46,384
Median Income
$156,800
Median Home Value
$748
Owner Costs / Month

Affordability

How far your income goes in Sylacauga

18.5%
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

$8,604
Annual Rent
$2,319
State Income Tax
$643
Property Tax (est.)

Cost of Living Overview

Sylacauga is significantly cheaper than the national average, making it an attractive option for budget-conscious individuals and families. With a cost index of 51 (where 100 equals the national median), Sylacauga residents can expect to pay median rent of $717/month while earning a median household income of $46,384/year.

The median home value in Sylacauga, AL is $156,800, with typical monthly owner costs around $748 including mortgage, insurance, and taxes. The median rent-to-income ratio of 18.5% 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 Sylacauga.

Frequently Asked Questions

Common questions about living costs in Sylacauga

What is the cost of living in Sylacauga, AL?
The cost of living index in Sylacauga, AL is 51 (US average = 100). Median monthly rent is $717, median household income is $46,384/year, and the median home value is $156,800.
Is Sylacauga, AL affordable?
Yes, Sylacauga is more affordable than the national average with a cost index of 51. The rent-to-income ratio is 18.5%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Sylacauga, AL?
The median gross rent in Sylacauga, AL is $717 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $8,604.
What is the median household income in Sylacauga?
The median household income in Sylacauga, AL is $46,384 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%.