Jefferson County
Alabama ยท Pop. 674,721
Ranked #9 of 200 counties
60Moderate
Median Home Price
๐$200K
3.0% YoY
Median Rent
๐$1,050
Median Income
๐ฐ$48K
Rent Burden
๐29.5%
% of income to rent
Housing Shortage
๐๏ธ8,000
estimated unit deficit
Building Permits (2024)
๐3,200
Price-to-Income Ratio
โ๏ธ4.2x
Homeownership Rate
๐ก62.0%
How Jefferson County Compares
| Metric | Jefferson County | Alabama | National |
|---|---|---|---|
| Home Price | $200K | $217K | $410K |
| Rent | $1,050 | $982 | $1,500 |
| Income | $48K | $62K | $75K |
| Rent Burden | 29.5% | 28.5% | 30.0% |
| Homeownership | 62.0% | 70.0% | 65.0% |
Key Takeaways
- โข Home prices are 51% below the national average.
- โข Rent is 30% below the national average.
- โข The county has an estimated housing shortage of 8,000 units.
- โข 3,200 building permits were issued in 2024.
- โข Year-over-year home prices changed by 3.0%.