Cost of Living in Gadsden, AL
Population: 33,617 • 2026 Data
$38,699
Median Household Income
-50% vs national
$787
Median Monthly Rent
-42% vs national
$101,900
Median Home Value
-70% vs national
8.9%
Unemployment Rate
Housing in Gadsden
The median home value in Gadsden, AL is $101,900. Monthly rent for a typical unit averages $787, while total monthly housing costs (including utilities and insurance) average $695.
Rent-to-income ratio: 24.4%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Gadsden, AL is $38,699. The unemployment rate stands at 8.9%, with a labor force of 14,251 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.