Quick facts: Haleyville, AL

Quick Facts

93
Cost of Living
below US average
4,348
Population
48.07
Crime Rate per 1000
above US average
$52,656
Median Income
below US average
$129,990
Median House Price
above US average
$500.0
Average Rent
below US average
15%
Poverty Rate
above US average
4.1%
Unemployment Rate
above 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 $52,656.

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Income Needed to Buy

βœ“ Affordable
$41k/year
Based on $129,990 median home price
Assumes 30-year mortgage at 7% with 20% down payment
πŸ“Š Median income ($52,656) exceeds requirement
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Income Needed to Rent

βœ“ Affordable
$21k/year
Based on $500.0/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($52,656) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Haleyville, AL

Haleyville, Alabama, is a small city located in Winston County. Known for its rich history and charming Southern atmosphere, Haleyville is famous for being the first city in the United States to initiate a 911 emergency telephone number in 1968. The city has a population of around 4,300 residents and offers a close-knit community vibe. Nature enthusiasts can enjoy the nearby Bankhead National Forest, which provides opportunities for hiking, camping, and fishing. The city is also home to several parks, including the popular Haleyville City Park, where families gather for recreational activities. Haleyville boasts a variety of local dining options and shops that reflect its Southern heritage. The annual events, such as the Haleyville Rodeo, showcase the community spirit and bring residents together to celebrate local culture. Economically, Haleyville has a diverse base, including small businesses and some manufacturing. With its friendly atmosphere and historical significance, Haleyville offers a unique glimpse into small-town life in Alabama.

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