Alabama · Census place 72888
Steele town, AL
Quick answer
Steele town has 1,293 residents, ranking #292 of 593 places in Alabama. Median household income is $70,000, the median home is worth $101,700 and median gross rent runs $744 a month.
- Population
- 1,293Steele town residents
- Median household income
- $70,000Past 12 months, inflation adjusted
- Median home value
- $101,700Owner-occupied units
- Median gross rent
- $744Rent plus utilities, monthly
- Median age
- 40 yrsAll residents
- Homeownership rate
- 89.4%Owner-occupied households
What the numbers mean in Steele town
Housing cost measured against local earnings.
A household earning the Steele town median would spend about 12.8% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 1.5× the median household income; nationally that ratio sits near 4.5×. Poverty affects 8% of residents and 89.4% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Alabama.
- Rock Creek CDP 1,313
- Locust Fork town 1,312
- New Market CDP 1,296
- Woodstock town 1,282
- Magnolia Springs town 1,278
- Rogersville town 1,260
- Fyffe town 1,250
Keep going
More Alabama coverage.