Cost of Living in Bullock County, Alabama

$635/mo
Median Monthly Rent
$79,400
Median Home Value

At a Glance

Median Monthly Rent
$635/mo
21% below state average
Median Home Value
$79,400
72% below national
Rent-to-Income Ratio
42.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Bullock County Compares

Median monthly rent comparison

Bullock County$635/mo
Alabama Average$799/mo
National Median$1,163/mo

Detailed Housing Stats

$635/mo
Median Gross Rent
$79,400
Median Home Value
$563/mo
Monthly Owner Cost
42.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Bullock County ranks #1,325 of 3,144 counties for affordability (top 42%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Bullock County, Alabama

Bullock's affordability masks income challenges

Renters in Bullock County spend 20.8% of their income on housing, exceeding both the national average of 18% and Alabama's state average of 18%. The county's median household income of $36,723 is the lowest in this eight-county group, making cost-of-living pressures acute despite low absolute rent levels.

Severely challenged housing-income balance

Bullock County ranks among Alabama's least affordable counties, with the state's lowest median household incomes paired with a above-average rent-to-income ratio of 20.8%. The county faces structural economic disadvantages that housing costs alone cannot address.

Cheapest rents but poorest incomes

Bullock's median rent of $635 ties as second-lowest in this group, undercutting only Barbour County's $644 and rivaling Barbour's $109,900 median home value of $79,400. Despite rock-bottom housing costs, the county's $36,723 median income creates the most strained affordability ratio.

Low costs mask severe income deficiency

Renters pay just $635 monthly and homeowners $563 from a median income of only $36,723, a situation where housing costs actually consume 20.8% of budgets. This means even cheap housing strains tight household finances, leaving limited resources for food, healthcare, and other necessities.

Bullock requires strong independent income

Bullock County's $635 rent and $79,400 median home values are the cheapest around, but only consider relocating if your income significantly exceeds the county's $36,723 median. Remote workers or retirees with steady external income will thrive here; local job-seekers should prioritize counties with stronger wage opportunities.

Cost of Living Advisory: Bullock County

Affordability Verdict

For renters in Bullock County, the market is affordable. Expect to pay around $635/month in gross rent, with 42.0% of renter households considered cost-burdened.

Rent vs. Own

Renters in Bullock County pay $635/month on average, compared to $563/month for homeowners. This market favors buyers by about 11%.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $25,400/year. For owner costs at the 28% rule, the required income is roughly $24,129/year. With a median household income of $36,723, most households can comfortably afford rent here. Notably, 42.0% of renter households in Bullock County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Compared to Marion County where rent averages $583/month, Bullock County is approximately 9% more expensive.

Affordability Calculator

See how your income compares to housing costs in Bullock County

$

Rent Burden

20.7%

of gross income

Max Housing (28% Rule)

$857

per month

Owner Cost Burden

18.4%

of gross income

You can likely afford the median home in Bullock County

Median home value is $79,400. Estimated monthly cost: $634 vs. your max of $857.

Rent Affordability Guide

Your rent-to-income ratio20.7%
Recommended max30.0%

Income Needed Calculator

See how much you need to earn to comfortably afford housing

$
Rent Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $36,723Needed: $25,400
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $36,723Needed: $24,129
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $36,723Needed: $18,479

Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.

Frequently Asked Questions

What is the cost of living in Bullock County, Alabama?
Bullock County, Alabama has a median monthly rent of $635/mo and a median home value of $79,400. The affordability rating is Unaffordable, with rent making up approximately 42.0% of median household income.
What is the median rent in Bullock County?
The median gross rent in Bullock County is $635/mo. This is 21% below state average for Alabama.
Is Bullock County affordable?
Bullock County is rated Unaffordable based on rent-to-income ratio of 42.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Bullock County's rent compare to the state average?
Bullock County's median rent of $635/mo is 21% below state average of $799/mo for Alabama.
What is the median home value in Bullock County?
The median home value in Bullock County, Alabama is $79,400. This is 72% below the national median home value of $281,900.

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By Logan Johnson, Founder & Data EditorUpdated Reviewed by Logan Johnson, Founder & Data Editor

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.

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