Cost of Living in Enterprise
Enterprise runs genuinely affordable on rent, with a comparatively strong median household income, though home prices have moved sharply in recent snapshots and the combined sales tax rate runs high.
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Learn moreGenuinely low rent
A 1-bedroom apartment runs $625-$705 across sources -- roughly 55% below the national average, a real, meaningful affordability advantage for renters.
A real, disclosed sharp move in home prices
Redfin cited a $274,000 median sale price for November 2025, up a striking 29.2% year-over-year -- a real, disclosed price movement worth factoring into purchase timing rather than assuming stability.
A comparatively strong median household income
Enterprise's median household income is $73,125 (2024) -- notably higher than several other markets in this dataset's Alabama coverage, with an 11.9% poverty rate among families, meaningfully lower than several comparison markets.
Alabama's near-flat income tax, plus a genuinely high combined sales tax
Alabama's graduated income tax (2%/4%/5%) functions as a near-flat 5% for most earners, softened by the state's real federal-tax-deduction offset. Enterprise's combined sales tax runs 9%-10% depending on source -- genuinely high, confirm the exact current rate for a specific address.
Key takeaways
- Rent runs genuinely low ($625-$705 for a 1-bedroom), about 55% below the national average.
- Home prices moved sharply in recent snapshots (+29.2% YoY as of November 2025) -- a real, disclosed volatility.
- Median household income ($73,125) is comparatively strong within this dataset's Alabama coverage.
- Alabama's near-flat income tax is softened by its federal-deduction offset; Enterprise's 9%-10% combined sales tax is genuinely high.
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