Small Town1,197 people

Falkville, AL

Discover how far your salary goes in Falkville. Compare taxes, rent, and living costs.

Cost Index
83
💚 Very Affordable
Population

1,197

State Tax

5.0%

1BR Rent

$893

/month

vs National

-36%

below avg

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Rent Prices in Falkville

🏠

Studio

$714

/month

$8,568/year

Most Common
🛏️

1 Bedroom

$893

/month

$10,716/year

🏡

2 Bedroom

$1,205

/month

$14,460/year

🏘️

3 Bedroom

$1,562

/month

$18,744/year

Taxes in Alabama

State Income Tax

Alabama

5.0%

For a $100k salary, that's ~$5,000/year in state taxes.

Federal Income Tax

Same nationwide

10-37%

Federal taxes use progressive brackets. The more you earn, the higher your marginal rate.

Learn how tax brackets work

Frequently Asked Questions

What is the cost of living in Falkville, AL?

Falkville has a cost of living index of 83, which is 17% below the national average. A 1-bedroom apartment costs around $893/month.

What is the state income tax in Alabama?

Alabama has a state income tax rate of approximately 5.0%. This is in addition to federal income tax.

How much is rent in Falkville?

The median rent for a 1-bedroom apartment in Falkville is $893/month. For a 2-bedroom, expect to pay around $1,205/month. This is 36% below the national average.

Is Falkville a good place to live?

Falkville is a small town with a population of 1,197. The cost of living is very affordable, making it more affordable than average for the US.

See the complete picture for Falkville

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