Quick facts: Hartselle, AL

Quick Facts

93
Cost of Living
below US average
15,649
Population
26.46
Crime Rate per 1000
above US average
$64,876
Median Income
below US average
$284,900
Median House Price
above US average
$1352.93
Average Rent
below 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 $64,876.

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Income Needed to Buy

βœ— Stretch
$89k/year
Based on $284,900 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $89k vs median $64,876
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Income Needed to Rent

βœ“ Affordable
$58k/year
Based on $1352.93/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($64,876) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Hartselle, AL

Hartselle, located in central Alabama, is a charming small town in Morgan County, known for its rich history and community spirit. With a population of around 14,000, Hartselle boasts a welcoming atmosphere and a close-knit community. The town is nestled near the banks of the picturesque Hartselle Lake, providing residents with opportunities for outdoor recreation, including fishing and hiking. Hartselle features a mix of historic architecture, with many buildings dating back to the 19th century, alongside modern amenities. The city is home to several parks, such as Sparkman Park and the Hartselle Aquatic Center, which are popular for family activities and events. The city also hosts annual festivals, including the Hartselle Depot Days, celebrating local culture and heritage. The local economy is diverse, with industries ranging from manufacturing to retail, contributing to its small-town charm. Education is a priority, with access to quality schools within the Hartselle City School system. Overall, Hartselle embodies southern hospitality and community values, making it a desirable place to live and visit.

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