Checked
Housing Affordability in Oakman, AL
Households that spend 30% or more of income on housing, rent and owner costs compared with income. American Community Survey 2020-2024 5-year estimates.
- Households paying 30%+ for housing
- 15.3%
- Alabama 26.3%
- Renters paying 30%+
- 41.5%
- Alabama 48.8%
- Homeowners paying 30%+
- 10.6%
- Alabama 17.9%
- Owner costs with a mortgage
- $740/mo
- Alabama $1,433/mo
Oakman has fewer than 10,000 residents, so these survey estimates have wide margins of error. Compare with care.
Housing costs compared with income
- Renters paying 30% or more2241.5%
- Homeowners paying 30% or more3110.6%
- Renters paying 50% or more00.0%
- Median rent as a share of income: 16.3%
- Median owner costs as a share of income, with a mortgage: 15.0%
- Median owner costs without a mortgage: $431/mo
- Median home value divided by median household income: 2.6
How it compares
Swipe the table sideways to see more columns.
| Area | Households paying 30%+ for housing | Renters 30%+ | Owners 30%+ | Median rent as % of income |
|---|---|---|---|---|
| Oakman, AL | 15.3% | 41.5% | 10.6% | 16.3% |
| Walker County | 20.5% | 40.6% | 15.7% | 26.7% |
| Alabama | 26.3% | 48.8% | 17.9% | 29.5% |
| United States | 32.2% | 51.1% | 22.7% | 30.6% |
Frequently asked questions
- What is the housing cost burden in Oakman, AL?
- In Oakman, AL, 15.3% of households spend 30% or more of their income on housing costs.
- How does Oakman compare with Alabama?
- The households paying 30%+ for housing in Oakman is 15.3%, compared with 26.3% for Alabama as a whole.
Source: U.S. Census Bureau, American Community Survey · 2020-2024 5-year estimates