Quick facts: Shorterville, AL

Quick Facts

93
Cost of Living
below US average
2,929
Population
3.41
Crime Rate per 1000
below US average
$40,714
Median Income
below US average
$479,500
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 $40,714.

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Income Needed to Buy

βœ— Stretch
$150k/year
Based on $479,500 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $150k vs median $40,714
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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 $40,714
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Shorterville, AL

Shorterville is a small, unincorporated community situated in the southeastern part of Alabama, specifically in Dale County. Known for its quiet, rural charm, Shorterville offers a glimpse into Southern life with a friendly atmosphere and close-knit community. The area is characterized by rolling landscapes, lush greenery, and agricultural surroundings, making it ideal for those who appreciate outdoor activities and a slower pace of life. While Shorterville itself may not have extensive amenities, it is conveniently located near larger towns such as Ozark and Enterprise, which provide additional services, shopping, dining, and entertainment options. The community is also near Fort Rucker, a prominent military base, contributing to the area's diverse population. Overall, Shorterville embodies the tranquility of small-town living, attracting residents who value a peaceful lifestyle combined with the convenience of nearby urban amenities.

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