Quick facts: Muscadine, AL

Quick Facts

93
Cost of Living
below US average
104
Population
240.38
Crime Rate per 1000
above US average
$50,000
Median Income
below US average
$288,000
Median House Price
above US average
$1372
Average Rent
below US average
12%
Poverty Rate
above 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 $50,000.

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Income Needed to Buy

βœ— Stretch
$90k/year
Based on $288,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $90k vs median $50,000
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Income Needed to Rent

⚠ Stretch
$59k/year
Based on $1372/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $59k vs median $50,000
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Muscadine, AL

Muscadine is a small and charming community located in Cleburne County, Alabama. Nestled amidst the scenic backdrop of southern Alabama, Muscadine offers a peaceful rural atmosphere, ideal for those seeking a slower pace of life. The area is characterized by its warm hospitality, friendly residents, and a strong sense of community. Muscadine is known for its proximity to natural features, including forests, creeks, and rolling hills, making it a great spot for outdoor enthusiasts. Whether it's hiking, fishing, or simply enjoying the tranquility of nature, residents often take advantage of the beautiful landscapes surrounding the town. The local economy is primarily based on agriculture, with many residents engaging in farming and related activities. The town has a few local businesses that cater to the needs of the community. While Muscadine offers a rural charm, it is also conveniently located near larger towns and cities, allowing residents to enjoy both the quiet of country living and access to urban amenities when needed. Whether you're a visitor or looking to settle down, Muscadine, AL, reflects the quintessential small-town experience of the South.

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