Where Are The Most Expensive Homes In Alabama?

$14.9M Mansion in Muscle Shoals Is Alabama’s Most Expensive Home. A one-of-a-kind lakefront property in Muscle Shoals, AL, is accompanied by a one-of-a-kind price tag. Listed for $14.9 million, the 18,093-square foot mansion is currently the most expensive home in all of Alabama.

What is the most expensive place to live in Alabama?

Top ten most expensive cities in Alabama

City Average Price
#1 Orange Beach $558,814
#2 Vestavia Hills $525,249
#3 Hoover $483,133
#4 Fairhope $451,501

Is property expensive in Alabama?

An amount below 100 means Alabama is cheaper than the US average.
Alabama cost of living is 82.3.

COST OF LIVING Alabama United States
Housing 55.9 100
Median Home Cost $165,200 $291,700
Utilities 101.2 100
Transportation 85.9 100

Where is the most expensive house located?

The most expensive house in the US is The One, in California. It’s valued at $500 million and is owned by Nile Niami.

Where are the most expensive houses in Birmingham?

They found that in the West Midlands, the most expensive is Carpenter Road, in the Edgbaston area of Birmingham, where an average house costs buyers £3,088,000.

What’s the richest town in Alabama?

Mountain Brook
Mountain Brook is being credited as the richest town in the state of Alabama. Stacker.com compiled a list of the richest towns in all 50 U.S. states, which lists Mountain Brook as having a median household income of $152,355 (112.8% more than the U.S. median income).

What is the most expensive zip code in Alabama?

In Alabama, the 36561 ZIP code, located in Orange Beach in the Daphne-Fairhope-Foley, AL metro area, is the most expensive place to buy a home.
This is the Most Expensive ZIP Code in Alabama.

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State Alabama
Most expensive ZIP code 36561
City Orange Beach
Median home sale price, 2020 $432,000
Median household income $83,064

Is Florida or Alabama cheaper?

Alabama is 3.1% more expensive than Florida.

Is it cheaper to live in Alabama or Texas?

Alabama is 6.1% more expensive than Texas.

Is it a good time to buy a house in Alabama?

The real estate market in Alabama is relatively affordable. The statewide median sales price is $162,759. It has increased (by 2.6% from 2018 to 2019), but it is still a great market for buyers.

What state has most expensive houses?

The five states with the most expensive median home values are Hawaii, California, Massachusetts, New York, and Utah, according to data from Realtor.com.

What state has the highest house prices?

Hawaii
Here are the 10 states with the highest median home price: Hawaii ($615,300) California ($505,000) Massachusetts ($381,600)

Who owns world’s most expensive house?

Antilia (building)

Antilia
Owner Mukesh Ambani
Height 173 m (568 ft)
Technical details
Floor count 27

What is the richest area in Birmingham?

Sutton Coldfield & Four Oaks
Officially The Royal Town of Sutton Coldfield, this suburban town lays claim to the city’s most expensive property, with a hefty £7.5m price tag.

What is the most expensive road in Birmingham?

Nestled on the Edgbaston/Harborne border and with homes valued at an average of £1.88 million, Woodbourne Road is revealed as the most expensive street in Birmingham.

What is the most expensive house in Birmingham?

Birmingham’s first £4 million house is set to be built in Edgbaston – where it will boast seven bedrooms and ten bathrooms. Woodbourne Group has been given planning permission for the property at 46 Westfield Road.

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What is the wealthiest county in Alabama?

50 Richest Counties in Alabama by Per Capita Income

Rank County Population
1 Shelby 195,085
2 Madison 334,811
3 Jefferson 658,466
4 Baldwin 182,265

What is considered wealthy in Alabama?

Alabama’s wealth threshold is $88,984. The state is tied with Arkansas for the fourth-lowest cost of living of all states and it’s also one of the places where you can get a larger home for less than $300,000 – the median price of a top-tier home in Alabama is $246,400.

What is the poorest town in Alabama?

With a median household income of $9,286 (compared to $44,758 for the state), Oak Hill is the poorest community in Alabama.

What is considered middle class in Alabama?

Here are the income levels that qualify Alabamians as middle class: 2-person family middle class income range: $37,172.94 to $110,964. 3-person family middle-class income range: $42,604.63 to $127,178. 4-person family middle-class income range: $52,438.89 to $156,534.

What is the average household income in Alabama?

Table

Population
Transportation
Mean travel time to work (minutes), workers age 16 years+, 2016-2020 25.2
Income & Poverty
Median household income (in 2020 dollars), 2016-2020 $52,035