Quick facts: Columbiana, AL

Quick Facts

93
Cost of Living
below US average
4,724
Population
37.47
Crime Rate per 1000
above US average
$58,214
Median Income
below US average
$289,900
Median House Price
above US average
$1790.0
Average Rent
above US average
9%
Poverty Rate
below US average
3.5%
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 $58,214.

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Income Needed to Buy

βœ— Stretch
$91k/year
Based on $289,900 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $91k vs median $58,214
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Income Needed to Rent

⚠ Stretch
$77k/year
Based on $1790.0/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $77k vs median $58,214
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Columbiana, AL

Columbiana is a charming city located in Shelby County, Alabama. Known for its small-town atmosphere, Columbiana serves as a gateway to the scenic beauty of the surrounding region. With a rich history dating back to the 19th century, the city features several historical landmarks, including a historic courthouse that reflects its vibrant past. Outdoor enthusiasts will appreciate the nearby Lay Lake, offering recreational activities such as fishing, boating, and camping. The city is also home to the popular Children's Box Theatre, providing cultural and performing arts opportunities for locals and visitors alike. Columbiana hosts several annual events, including the Columbiana BBQ Festival, which celebrates the community's culinary talents and brings people together. The city has a friendly vibe, with a variety of local shops, dining options, and parks, making it an ideal location for families and individuals seeking a peaceful lifestyle with easy access to larger urban areas, including Birmingham, just a short drive away.

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