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Tallassee among "Most Affordable Places"

Staff Report

In a recent study by a New York financial technology company, Tallassee rated in the top ten of cities in Alabama on an affordability scale.

SmartAsset ranked the most affordable cities in America by measuring housing costs relative to income data. Tallassee was No. 7, after being unranked in last year's study.

Among the Top 10, Tallassee ranked first in the lowest annual property tax with an average of $249 per year. The city was third in average closing costs, homeowner's insurance costs, annual mortgage payment and median income. Attalla was ranked the state's most affordable.

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