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.
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%).
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+
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.
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
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Steele | 1,149 | $72,386 | $107,100 | $739 |
| Gallant | 1,081 | $55,130 | $99,200 | — |
| Attalla | 5,775 | $59,215 | $126,100 | $743 |
| Rainbow City | 10,284 | $56,398 | $223,000 | $1,048 |
| Ivalee | 809 | $41,198 | $140,600 | $714 |
| Ashville | 2,464 | $69,362 | $204,900 | $738 |
| Altoona | 1,252 | $43,056 | $114,100 | $380 |
| Egypt | 616 | $37,250 | $207,600 | — |
| Walnut Grove | 896 | $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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