Living in Steele, Alabama

Cost of living, income, home prices, rent and demographics of Steele · Census data 2020–2024

Steele has 1,149 residents with a median age of 32.5. The median household income is $72,386 (13% higher than the Alabama median), the median home value is $107,100, the median rent is $739/month.

Steele is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Steele at a glance

Population
1,149
Median age
32.5State: 39.3
Median household income
$72,386State: $63,999
Median home value
$107,100State: $209,900
Median rent
$739/moState: $1,007
Homeowners
89.5%
Bachelor's degree or higher
8.7%
Average commute
37 min

Is Steele a good place to live?

Pros: Median household income 13% higher than the Alabama median; home values 49% lower than the state median; a poverty rate of 7%.

Cons: An average commute of 37 minutes; unemployment of 5.7%.

The weather is best in April–May and September–October.

Cost of living in Steele

Housing is the biggest part of the cost of living. In Steele the median home value is $107,100, 68% lower than the U.S. median. Renters pay a median of $739 per month, which is 41.4% of household income. Homeowners with a mortgage pay $1,043 a month in housing costs.

Median home value

Steele$107,100
Alabama$209,900
United States$332,700

Median monthly rent

Steele$739
Alabama$1,007
United States$1,413

Steele median household income

The median household income in Steele is $72,386 and the income per person is $32,125. 7% of residents live below the poverty line (Alabama: 15.6%).

Median household income

Steele$72,386
Alabama$63,999
United States$80,734

Housing in Steele: homes for sale and rent

Housing units
532
Owner-occupied
89.5%
Renter-occupied
10.5%
Vacant
25%Includes seasonal homes
Median year built
1980
Average household size
2.88

Steele demographics

Population
1,149
Median age
32.5
Under 18
31.3%
65 and older
13.1%
Households
399
Foreign-born
4.4%
Veterans
5.3%Adults 18+

Race and ethnicity

White84.8%
Hispanic or Latino11.3%
Black0%
Asian0%

Hispanic or Latino can be of any race. Population history of Steele ›

Education in Steele

8.7% of adults 25 and older in Steele have a bachelor's degree or higher (Alabama: 28.4%), and 2.8% have a graduate or professional degree.

Bachelor's degree or higher

Steele8.7%
Alabama28.4%
United States35.7%

Jobs and commute in Steele

Unemployment rate
5.7%State: 4.7%
Average commute
37 minState: 26 min
Work from home
7.3%
Drive alone
78.1%
Public transit
0%
Walk to work
0%
Homes with broadband
90.5%

Steele vs nearby towns

TownPopulationMedian incomeHome valueRent
Steele1,149$72,386$107,100$739
Gallant1,081$55,130$99,200—
Attalla5,775$59,215$126,100$743
Rainbow City10,284$56,398$223,000$1,048
Ivalee809$41,198$140,600$714
Ashville2,464$69,362$204,900$738
Altoona1,252$43,056$114,100$380
Egypt616$37,250$207,600—
Walnut Grove896$40,089$131,100$550

More for people moving to Steele

Steele ZIP code ›Weather and climate ›

Living in Steele: FAQ

What is the median household income in Steele, AL?

The median household income in Steele is $72,386, 13% higher than the Alabama median of $63,999 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Steele?

The median home value in Steele is $107,100, compared with $209,900 in Alabama.

How much is rent in Steele?

The median gross rent in Steele is $739 per month, about 41.4% of household income.

Is Steele, AL a good place to live?

Pluses: median household income 13% higher than the Alabama median; home values 49% lower than the state median; a poverty rate of 7%. Minuses: an average commute of 37 minutes; unemployment of 5.7%.

What is the median age in Steele?

The median age in Steele is 32.5 years (Alabama: 39.3).

How long is the commute in Steele?

The average commute to work in Steele is 37 minutes; 7.3% of workers work from home.

What is the unemployment rate in Steele?

The unemployment rate in Steele is 5.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Steele?

8.7% of adults in Steele have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

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