Cost of Living in Lawrence County, Alabama
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
These figures are county medians, not a personal budget. Use them to frame rent, ownership, and income tradeoffs, then account for household size, commute, financing, insurance, taxes, debt, and local availability before making a decision.
How Lawrence County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Lawrence County ranks #582 of 3,142 counties for affordability (top 19%)
Sourced county brief
Lawrence County GRAPI Measured at 24.0 Percent
Lawrence County recorded an official median gross rent as a percentage of household income (GRAPI) of 24.0%, which is 4.6 percentage points lower than the state unweighted county mean of 28.6%. The median gross rent was $753 per month, whereas the Alabama unweighted county mean was $820. For homeowners, the median home value was estimated at $172,300, a value above the state unweighted county mean of $159,660. Median selected monthly owner costs for all owner-occupied units were $658, compared to the state unweighted county mean of $706. The median renter-household income was $38,354. These figures are based on the 2020-2024 American Community Survey (ACS) 5-Year Estimates from the U.S. Census Bureau. The data provide a static observation of housing costs and income for renter and owner populations during the reporting window. See ACS table B25071 for the underlying estimate.
Source record
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25064 Median Gross Rent
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25071 GRAPI
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25077 Median Home Value
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25088 Selected Monthly Owner Costs
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25119 Household Income by Tenure
Data version acs5-2020-2024 · Method cost-brief-v1
Cost of Living Advisory: Lawrence County
Affordability Verdict
ACS B25071 estimates median gross rent at 24.0% of renter household income in Lawrence County, which is below the 30% affordability benchmark. This is a median percentage among renter-occupied units, not the share of households above a threshold.
Rent vs. Own
Median gross rent is $753 per month; median selected monthly owner costs are $658. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.
Income Needed
Using the common 30% budgeting benchmark, $30,120 in annual gross income would allocate 30% to the county's median gross rent. This is a reproducible illustration, not evidence that a particular household can afford housing.
Regional Context
The Alabama unweighted mean of county median rents is $820 per month. Lawrence County's $753 median is 8.2% below that comparison value.
Data version acs5-2020-2024 · Method cost-advisory-v2
Affordability Calculator
See how your income compares to housing costs in Lawrence County
Rent Burden
13.7%
of gross income
Max Housing (28% Rule)
$1,542
per month
Owner Cost Burden
12.0%
of gross income
You can likely afford the median home in Lawrence County
Median home value is $172,300. Estimated monthly cost: $1,376 vs. your max of $1,542.
Rent Affordability Guide
Income Needed Calculator
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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
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.
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