Daphne-Fairhope-Foley, AL vs Pickens County, AL
A 2-bedroom in Pickens County costs $569 less per month than Daphne-Fairhope-Foley ($776 vs $1,345). Median income is $75,019 in Daphne-Fairhope-Foley and $47,014 in Pickens County. That's a difference of $6,828 per year in housing costs.
Side-by-Side Comparison
| Metric | Daphne-Fairhope-Foley | Pickens County |
|---|---|---|
| Studio FMR | $1,094 | $588 |
| 1BR FMR | $1,200 | $591 |
| 2BR FMR | $1,345 | $776 |
| 3BR FMR | $1,692 | $994 |
| 4BR FMR | $2,171 | $1,290 |
| Median Income | $75,019 | $47,014 |
| Rent Burden | 21.5% | 19.8% |
| Actual Median Rent | $1,211 | $600 |
| Median Home Value | $287,000 | $123,300 |
| Population | 240K | 19K |
| Renter % | 22.5% | 24.6% |
| Vacancy Rate | 26.4% | 20.4% |
| Poverty Rate | 10.5% | 22.6% |
| Unemployment | - | 2.9% |
| YoY Change | - | - |
| Min Wage | $7.25/hr | $7.25/hr |
Income Required to Afford a 2-Bedroom
Frequently Asked Questions
Pickens County, AL is more affordable with a 2BR FMR of $776/mo, which is $569 less than Daphne-Fairhope-Foley at $1,345/mo. However, when considering local incomes, Daphne-Fairhope-Foley has a rent burden of 21.5% vs 19.8% in Pickens County.
A 2-bedroom in Daphne-Fairhope-Foley, AL costs $1,345/mo at Fair Market Rent, while in Pickens County, AL it's $776/mo, a difference of $569/mo or $6,828/year.
To afford a 2BR without spending more than 30% of income on rent: Daphne-Fairhope-Foley requires $53,800/year ($26/hr). Pickens County requires $31,040/year ($15/hr).