Quick facts: Alexandria, AL

Quick Facts

93
Cost of Living
below US average
3,748
Population
6.67
Crime Rate per 1000
below US average
$95,039
Median Income
above US average
$249,900
Median House Price
above US average
$1131.67
Average Rent
below US average
11%
Poverty Rate
above US average
3.2%
Unemployment Rate
below US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $95,039.

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Income Needed to Buy

βœ“ Affordable
$78k/year
Based on $249,900 median home price
Assumes 30-year mortgage at 7% with 20% down payment
πŸ“Š Median income ($95,039) exceeds requirement
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Income Needed to Rent

βœ“ Affordable
$49k/year
Based on $1131.67/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($95,039) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Alexandria, AL

Alexandria, Alabama, is a charming city located in Calhoun County, approximately 10 miles northeast of Anniston and 20 miles southwest of Gadsden. Known for its tight-knit community and picturesque landscapes, Alexandria encompasses a small-town vibe with easy access to larger metropolitan areas. The city is surrounded by beautiful natural scenery, including the nearby mountains and lakes, offering outdoor enthusiasts various recreational opportunities, such as hiking, fishing, and camping. As of the 2020 census, Alexandria has a population of around 4,200 residents, characterized by friendly neighborhoods and a strong sense of community. The city is served by the Alexandria City Schools, which provide quality education to its residents. Alexandria hosts several annual events and festivals that foster community spirit and celebrate the local culture. Local amenities include parks, shops, and restaurants, making it convenient for residents and visitors alike. Alexandria also has a rich history, with various historical sites and landmarks reflecting its development over the years. Overall, Alexandria, AL, offers a welcoming atmosphere, making it an appealing place to live or visit.

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