Quick facts: Monroeville, AL

Quick Facts

93
Cost of Living
below US average
5,790
Population
62.69
Crime Rate per 1000
above US average
$32,040
Median Income
below US average
$196,000
Median House Price
above US average
$1372
Average Rent
below US average
20%
Poverty Rate
above US average
5.2%
Unemployment Rate
above 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 $32,040.

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Income Needed to Buy

βœ— Stretch
$61k/year
Based on $196,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $61k vs median $32,040
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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 $32,040
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Monroeville, AL

Monroeville, Alabama, located in Monroe County, is a small, charming city known for its rich literary heritage and Southern hospitality. With a population of around 6,000, Monroeville serves as the county seat and is often referred to as the birthplace of renowned authors Harper Lee and Truman Capote. The city is steeped in history, with its downtown area featuring beautifully preserved buildings that reflect its historical significance. Monroeville is famously associated with Lee's novel "To Kill a Mockingbird," which is often viewed as a reflection of the town's social dynamics during the Great Depression era. Visitors can explore the Monroe County Heritage Museum, which showcases exhibits related to local history and literature, along with guided tours that highlight significant locations tied to Lee and Capote. Monroeville hosts an annual "Mockingbird Festival," celebrating the literary legacy of its famous residents. Nature enthusiasts can enjoy nearby outdoor activities, including parks and recreational areas. Overall, Monroeville offers a blend of cultural history, community spirit, and natural beauty, making it a unique destination in the heart of Alabama.

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