Total monthly cost of ownership
Cost to Own a Home in Tidmore Bend, Alabama
A $185,000 home here costs
$1,585per month, all in, with 20% down at today's 7.24% 30-year fixed rate. By the 28% rule that takes a household income of about $68,000 a year.
A standard mortgage calculator would have told you $1,009. The real number is $577 higher every month, 57% more than the payment most buyers budget for.
Compare Etowah County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Tidmore Bend from a five-year rolling sample, and with about 1,086 residents that sample is small. The median home value here carries a much wider margin of error than a big-city figure does, so treat it as indicative rather than exact. The Etowah County figures are drawn from a far larger sample if you want a steadier number.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Tidmore Bend against Etowah County and Alabama
| Measure | Tidmore Bend | Etowah County |
|---|---|---|
| Median home value | $184,700 | $160,600 |
| Median property tax | $500 | $585 |
| Effective tax rate | 0.271% | 0.364% |
| Median gross rent | $975 | $807 |
| Population | 1,086 | 103,208 |
The weather behind that power bill
Tidmore Bend sits in Etowah County, which averages a high of 90.9°F in its hottest month and a low of 32.8°F in its coldest, with 57.64" of precipitation a year and 28% of it in a single three-month stretch. That climate drives 2,018 cooling and 2,782 heating degree days, which is what sets the $187 electricity line above.
See the full climate breakdown for Etowah County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Etowah County
Talk to someone who works this market
These are Tidmore Bend averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works Tidmore Bend every week. Free, no obligation, and we never sell your details to a list.
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Common questions
How much does it cost to own a home in Tidmore Bend?
A $185,000 home in Tidmore Bend, Alabama costs approximately $1,585 per month with 20% down at 7.24%. That is $1,009 principal and interest, $42 property tax, $126 homeowners insurance, $255 utilities and $154 set aside for maintenance.
What is the property tax rate in Tidmore Bend?
Tidmore Bend has an effective property tax rate of 0.271%, based on a median home value of $184,700 and median real estate taxes of $500. That is lower than the Etowah County average of 0.364%.
What is the average home price in Tidmore Bend?
The median owner-occupied home value in Tidmore Bend, Alabama is $184,700, against $160,600 across Etowah County.
Is it cheaper to rent or buy in Tidmore Bend?
Median gross rent in Tidmore Bend is $975 a month, against $1,585 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Tidmore Bend?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Tidmore Bend, Alabama at today's rate takes a household income of roughly $68,000 a year. That covers the full $1,585 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Tidmore Bend, US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance, NAIC average premium for Alabama.
- Electricity price, EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate, Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.