Quick facts: Woodstock, AL

Quick Facts

93
Cost of Living
below US average
1,565
Population
33.87
Crime Rate per 1000
above US average
$65,469
Median Income
below US average
$154,900
Median House Price
above US average
$2045.0
Average Rent
above 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 $65,469.

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Income Needed to Buy

βœ“ Affordable
$49k/year
Based on $154,900 median home price
Assumes 30-year mortgage at 7% with 20% down payment
πŸ“Š Median income ($65,469) exceeds requirement
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Income Needed to Rent

⚠ Stretch
$88k/year
Based on $2045.0/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $88k vs median $65,469
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Woodstock, AL

Woodstock, located in Alabama, is a small yet charming town in Bibb County, about 30 miles southwest of Birmingham. With a population of roughly 1,000 residents, this close-knit community offers a peaceful rural lifestyle. The town is surrounded by natural beauty and outdoor activities, making it ideal for those who appreciate nature. The nearby Cahaba River provides opportunities for fishing, canoeing, and hiking. Woodstock is known for its friendly atmosphere and community-oriented events, which foster a sense of belonging among residents. The town's historical roots can be seen in its quaint downtown area, featuring local businesses and eateries that reflect the Southern hospitality of the region. For families, Woodstock is served by the Bibb County School System, which provides educational opportunities for children. The town's location allows for easy access to the amenities of Birmingham, including shopping, dining, and cultural activities, while maintaining the charm of a small town setting. Overall, Woodstock is a serene place to live, perfect for those looking to escape the hustle and bustle of city life.

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