Cost of Living in Bessemer, AL
Population 25,400 · Census ACS 2020–2024 5-year estimates
The median rent in Bessemer, AL is $961/month, 5% lower than the Alabama median and 32% lower than the U.S. median. The median home value is $135,900, 59% lower than the national median. Households earn a median of $39,613 a year, 38% lower than the state median.
Affordability
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Bessemer vs. Alabama vs. U.S.
| Bessemer | Alabama | U.S. | |
|---|---|---|---|
| Median rent | $961 | $1,007 | $1,413 |
| Median home value | $135,900 | $209,900 | $332,700 |
| Median household income | $39,613 | $63,999 | $80,734 |
| Homeownership rate | 57.4% | 70.2% | 65.2% |
| Bachelor's degree or higher | 15.6% | 28.4% | 35.7% |
| Poverty rate | 27.9% | 15.6% | 12.5% |
| Unemployment rate | 8.6% | 4.7% | 5.2% |
| Work from home | 9.4% | 8.8% | 15.1% |
| Median age | 43.3 | 39.3 | 38.9 |
FAQ
What is the average rent in Bessemer, AL?
The median gross rent in Bessemer, AL is $961 per month (ACS 2020–2024 5-year estimate).
How much do I need to earn to live in Bessemer, AL?
Using the common 30% rule, renting a median-priced home takes about $38,440 a year in gross income.
Is Bessemer, AL expensive to live in?
Rent there is 32% lower than the U.S. median, and the median home costs about 3.4 times the median household income.
Other cities in Alabama
Cities with a similar cost of living
Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
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