Enterprise, Alabama is a moderately-sized city with a population of 28,025 inhabitants. At 73%, the majority of the Enterprise population is White; this is followed by 21% Black and 1% Asian. 70% of the people in Enterprise (over the age of 15) are married and 59% have kids under the age of eighteen. Knowing that, it’s safe to say that this area could be a great place for other families to lay down roots.
Without the right tools, moving to any new area can be very stressful and challenging. Living in Enterprise, Alabama could be a great experience for anyone who puts in the time to do the research required. The best areas in Enterprise and in surrounding cities are easier to find when you are able to make informed decisions. Using data from crime, weather, employment, housing, you will see a detailed breakdown of the most important information as well as comparisons to the Alabama and national averages.
Enterprise, AL receives 73 out of 100 for its livability score; this results in a ranking of #60 in Alabama and #7,598 in the USA. Based on the rankings for each individual category, Enterprise has been rewarded with high marks for amenities (A+), cost of living (B-) and weather (C+). There is at least one category that does not have great scores in Enterprise. The following was graded with a less than perfect score: housing (F).
Location, location, location - possibly the three most important words in your search for a new place to live. Fortunately, in Enterprise, there is no shortage of amazing local amenities and interesting things to do.
Assuming that Enterprise meets all of your requirements, the next most important item to examine is the affordability of real estate in Enterprise. Everything else becomes a lot less important if it turns out that home prices in Enterprise are simply unattainable. The median home price for Enterprise homes is $166,500, which is 29.6% higher than the Alabama average. If we take a closer look at the affordability of homes in Enterprise, we’ll see that the home price to income ratio is 3.1, which is 6.9% higher than the Alabama average. Knowing if your home will appreciate on a long term or even a short term basis should be factored into your decision making. An increase in your home’s value can be a good way to generate tax-free equity that can create long term financial security. In the past year, appreciation rates for homes in the Enterprise area were 3.1% and 5 year appreciation rates were -0.2%.