Cost of Living in Bessemer, AL
Population: 25,655 • 2026 Data
$37,844
Median Household Income
-51% vs national
$922
Median Monthly Rent
-32% vs national
$129,800
Median Home Value
-62% vs national
8.8%
Unemployment Rate
Housing in Bessemer
The median home value in Bessemer, AL is $129,800. Monthly rent for a typical unit averages $922, while total monthly housing costs (including utilities and insurance) average $919.
Rent-to-income ratio: 29.2%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Bessemer, AL is $37,844. The unemployment rate stands at 8.8%, with a labor force of 10,375 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.