Hoover, Alabama has an overall cost of living index of 91.8, which is 8.2 points below the US average of 100 — making it more affordable than most American cities. Renters pay a median of $1,457 per month, while the typical home is valued around $412,200. Households earn a median of $109,253 per year, leaving rent at a manageable share of income for many residents. Below: housing costs, local wages by occupation, neighborhoods, climate, jobs and major industries, and healthcare access — all drawn from US Census, BEA, BLS, HUD, EPA, and NOAA data.
Median Household Income
$109,253
Annual · Census ACS
Median Gross Rent
$1,457
Per month · Census ACS
Median Home Value
$412,200
Census ACS
Cost of Living Index
91.8
BEA RPP · US avg = 100
Studio FMR
$1,024
HUD Fair Market Rent
1BR Fair Market Rent
$1,155
HUD FMR
2BR Fair Market Rent
$1,266
HUD FMR
3BR Fair Market Rent
$1,583
HUD FMR
HUD Fair Market Rent = 40th percentile gross rent · FY2024
Each category is indexed to the US average of 100. Below 100 = cheaper than average.
Overall
91.8
Goods
94.6
Rents / Housing
71.7
Services
90.0
Source: BEA Regional Price Parities (metro-level)
| Occupation | Median Annual Wage |
|---|---|
| 💻Software Developer | $114,740 |
| 🏥Registered Nurse | $78,180 |
| 📚Elementary Teacher | $58,910 |
| ⚡Electrician | $56,010 |
| 📊Accountant | $82,830 |
| 🔧Plumber | $55,880 |
| ⚕️Nurse Practitioner | $255,550 |
| 🏗️Civil Engineer | $103,400 |
| 👔Operations Manager | $144,420 |
| 📈Market Research Analyst | $70,750 |
| 🏢Health Services Manager | $107,970 |
| 🚛Truck Driver | $55,340 |
| 👨⚕️Physician Assistant | N/A |
| 🩺Surgeon | N/A |
| 🧮Data Scientist | N/A |
| 🖥️Computer Engineer | N/A |
Source: BLS OEWS 2023 (metro-level data)
Population
92,642
Latest estimate
Median Age
38.4 yrs
Census ACS
🌬️
AQI data not available
Source: EPA AirNow
Total Neighborhoods
5
Tracked in our database
Avg Walk Score
40
0–100 scale
Avg Median Rent
$1,542
Per month
Avg Home Value
$476,033
Census ACS
January Avg
44°F
July Avg
81°F
Sunny Days / Year
—
Annual Snowfall
—
Climate category: Temperate · Source: NOAA/NCEI 30-year normals.
Healthcare Score
50.7
fair
Hospitals
127
Doctors per 1,000
1.00
Insurance Coverage
95.0%
What is the cost of living index for Hoover?
Hoover has a Regional Price Parity (RPP) index of 91.8. The US national average is 100, so Hoover is 8.2 points below the national average.
What is the median rent in Hoover?
The median gross rent in Hoover is $1,457 per month according to US Census ACS data.
What is the median household income in Hoover?
The median household income in Hoover is $109,253 per year.
What is the median home value in Hoover?
The median home value in Hoover is $412,200 based on the latest Census ACS survey.
How is the air quality in Hoover?
Air quality data for Hoover is not yet available.
What are the taxes like in Hoover?
Tax data for Alabama is not yet available.
Data last updated: December 1, 2026 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology
