Low Cost of Living
Welcoming Community
Creative Culture
- 10,000+ Applicants
- 140+ Program Participants
- 290+ Total New Citizens
- 140,000+ Miles Traveled to The Shoals
Never would we have come across the Shoals area on our own, but it turned out to be a hidden gem! With the lower cost of living, great elementary schools, and true Southern Hospitality, we are so grateful for this opportunity, and we love it here! – Johnna, Resident since 2021
We are very invested in The Shoals since moving here. We plan to invest in the community in the coming years by starting a local business. -John, Resident since 2022
Here’s how the Shoals’ quality of place compares to other major cities:
10.9% Lower Cost of Living
15.1% below the National Average
$628 Monthly Rent Savings
$617/month Shoals vs. $1,245/month Nashville
49% Lower Real Estate Price
$204,917 Shoals vs. $408,300 Nashville
7.3% Lower Cost to Construct
12.5% below the National Average
A Grade for Air Cleanliness
Compared to Nashville's Grade of A
301.1 Lower Crime Rate
70.9 below the National Average
13.8% Lower Cost of Living
15.1% below the National Average
$593 Monthly Rent Savings
$617/month Shoals vs. $1,210/month Atlanta
45% Lower Real Estate Price
$204,917 Shoals vs. $371,200 Atlanta
13.7% Lower Cost to Construct
12.5% below the National Average
A Grade for Air Cleanliness
Compared to Atlanta's Grade of B
22.7 Lower Crime Rate
70.9 below the National Average
16.1% Lower Cost of Living
15.1% below the National Average
$769 Monthly Rent Savings
$617/month Shoals vs. $1,386/month Austin
62% Lower Real Estate Price
$204,917 Shoals vs. $541,600 Austin
3.9% Lower Cost to Construct
12.5% below the National Average
A Grade for Air Cleanliness
Compared to Austin's Grade of C
708 Lower Crime Rate
70.9 below the National Average
152.7% Lower Cost of Living
15.1% below the National Average
$1,553 Monthly Rent Savings
$617/month Shoals vs. $2,170/month New York
67% Lower Real Estate Price
$204,917 Shoals vs. $627,400 New York
50.5% Lower Cost to Construct
12.5% below the National Average
A Grade for Air Cleanliness
Compared to New York's Grade of C
243 Lower Crime Rate
70.9 below the National Average
97.9% Lower Cost of Living
15.1% below the National Average
$2,156 Monthly Rent Savings
$617/month Shoals vs. $2,665/month San Francisco
84% Lower Real Estate Price
$204,917 Shoals vs. $1,300,000 San Francisco
50.7% Lower Cost to Construct
12.5% below the National Average
A Grade for Air Cleanliness
Compared to San Francisco's Grade of F
174.7 Lower Crime Rate
70.9 below the National Average
Delicious Dining
Experience fine dining at Odette, Yumm Thai Sushi & Beyond, or 360 Grille. Grab a coffee with friends at Rivertown or Turbo. If you’re feeling adventurous, have dinner in a cave at the iconic Rattlesnake Saloon.
$204,917
The Q3 2022 median price of home sales in the Shoals was $204,917. In contrast, the U.S. Census Bureau reported a national median home price of $398,500 in Q3 2022.
Outdoors & Recreation
Go hiking at Cane Creek Canyon Nature Preserve or Shoal Creek Preserve. Take your pick of water sports, fishing, and kayaking on our beautiful lakes, or hit the 36-hole Robert Trent Jones Golf Trail.
2%-5%
The Alabama State Income Tax ranges from 2% to 5%, based on income. There are zero local income taxes.
153,911
The population of the Florence-Muscle Shoals MSA 153,911.
Health & Fitness
Get centered at Yoga House Florence, push your limits at Rival Athletic Club, or hit the barre at GRIT Fitness. Stop by FLO Nutrition afterward for a post-workout pick-me-up when you’re done!
$100
If you run an LLC or S Corp as a self-employed remote worker, the minimum Alabama Business Privilege Tax is a cool $100 annually. The tax is based on your net worth and runs from $0.25 to $1.75 for every $1,000.
Music & Live Events
Celebrate the Shoals’ rich musical history by touring the iconic recording studios where Aretha Franklin, Percy Sledge, The Rolling Stones, Bob Dylan, and many more cut hit records. Plus, enjoy festivals like the W.C. Handy Music Festival, Billy Reid Shindig, Smoke on the Water, ShoalsFest, and more.