Quick facts: Dawson, AL

Quick Facts

93
Cost of Living
below US average
503
Population
99.4
Crime Rate per 1000
above US average
$55,000
Median Income
below US average
$360,000
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 $55,000.

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Income Needed to Buy

βœ— Stretch
$113k/year
Based on $360,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $113k vs median $55,000
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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 $55,000
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Dawson, AL

Dawson, Alabama is a small, unincorporated community located in the southeastern part of the state, within the borders of Barbour County. This quaint locale is situated near the banks of the Chattahoochee River, providing residents and visitors alike with scenic views and opportunities for outdoor activities such as fishing and boating. The surrounding area is characterized by its rural charm, offering a peaceful, close-knit atmosphere. Dawson is part of Alabama's rich historical tapestry, with roots that trace back to the early 19th century. The community’s proximity to larger towns like Eufaula, which is located approximately 15 miles to the north, allows for easy access to more extensive services, shopping, and dining options while inhabitants enjoy a slower pace of life. Local attractions include nearby parks and natural areas, perfect for hiking and exploring the diverse flora and fauna of Alabama. Overall, Dawson serves as a serene retreat for those looking to escape the hustle and bustle of city life while still being connected to the charm and culture of Southern Alabama.

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