Real Estate details: Albert lea MN vs Bessemer AL

RE Insights

Metric Albert lea Bessemer
Population 18,396 25,264
Median Home Price $225,000 $162,000
Rent 28% 46%
Own 72% 54%

Real Estate Insights Comparison: Albert lea vs Bessemer

  • The population in Bessemer is greater at 25,264 compared to 18,396 in Albert lea.
  • A higher median home price of $225,000 is found in Albert lea compared to $162,000 in Bessemer.
  • The rent percentage in Bessemer is higher at 46% compared to 28% in Albert lea.
  • A greater percentage of homeowners in Albert lea at 72% compared to 54% in Bessemer.

Environmental Insights

Understanding environmental factors is crucial for assessing the sustainability and quality of life in a city or town. Environmental conditions can vary significantly, influenced by factors such as air quality, green spaces, and local climate. Evaluating these aspects helps in making informed decisions about living and investing in a community.