MyNeighborhood

Can you afford to live in Decatur?

Median household income, home values and rent in Decatur, AL — how they've changed since 2015 and how much of a typical paycheck housing takes compared with the rest of the country.

U.S. Census Bureau, American Community Survey 5-year estimates.

This story was assembled using AI and public data sources.

What it costs to live in Decatur.

Median household income: $59,831 — +44.2% since 2015 (not adjusted for inflation)

Median gross rent: $861/mo — +42.5% since 2015

Median home value, 2015 to 2023

  • 2015: 124200
  • 2023: 190500

Median household income

  • Decatur: 59831
  • Morgan County: 64858
  • AL: 62027
  • U.S.: 78538

Median gross rent

  • Decatur: 861
  • Morgan County: 835
  • AL: 963
  • U.S.: 1348

Share of income a typical renter spends on rent: 27.7% — U.S.: 30.2%

What it means

The typical household here earns $59,831 — notably lower than the national figure of $78,538.

The typical renter here spends 27.7% of household income on rent, below the 30% cost-burden line.

Since 2015, income has kept pace with rent here (+44.2% versus +42.5%), before adjusting for inflation.

Sources

Loading the live page…