Median Income
$33,828
household / year
Median Home Value
$61,900
owner-occupied
Median Rent
$748
gross / month
Cost of Living
86
national avg = 100

Is Waldo, AL a Good Place to Live?

Waldo is a small town of 294 in Alabama, with a median household income of $33,828 and a 15.0% unemployment rate. Its cost of living index is 86 (US average = 100), which is 14% below the national average.

Strengths: Waldo stands out for an affordable cost of living, below-average home prices.

Trade-offs: Potential downsides include longer commutes, an elevated unemployment rate. Whether Waldo is right for you depends on your priorities — the full breakdown is below.

All Waldo city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 85.7

Waldo's overall cost of living index is 85.7, where 100 represents the US national average. Living in Waldo costs roughly 14% less than the average American city.

Metric Waldo, AL National Avg
Median Home Value $61,900 $244,900
Median Monthly Rent $748 $1,163
Homeownership Rate 66.4% 65.9%
Median Household Income $33,828 $74,755

Crime & Safety

Near National Average

Waldo's violent crime rate is 383.9 per 100,000 residents — 1% higher than the national average of ~380 per 100,000.

Violent Crime
383.9 /100k
Property Crime
2050.6 /100k

Vertical marker = national average. Source: FBI UCR Program.

Schools & Education

Metric Waldo, AL National Avg
School District N/A —
Elementary Schools N/A —
Middle Schools N/A —
High Schools N/A —
Student/Teacher Ratio N/A 16:1
Bachelor's Degree or Higher 13.2% 35.4%
High School Diploma or Higher 83.0% 91.1%

Weather & Climate

Waldo sees average highs of 54.2°F in January and 90.8°F in July, with 56.5 inches of annual precipitation and 0.9 inches of snow per year.

MetricWaldo, AL
Average High — January54.2°F
Average High — July90.8°F
Annual Precipitation56.5"
Annual Snowfall0.9"

Demographics

MetricWaldo, ALNational Avg
Population294—
Median Age51.438.9
Unemployment Rate15.0%3.7%
Avg Commute Time52.3 min26 min
White (non-Hispanic)56.5%59.3%
Black or African American37.1%13.6%
Hispanic or Latino3.1%18.9%
Asian0.0%6.3%
Under 1816.7%22.2%
65 and over25.2%16.8%

Nearby Cities

Waldo vs Other Cities

Frequently Asked Questions

Waldo's cost of living index is 86, where 100 is the national average. That makes Waldo roughly 14% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $61,900 and median rent is $748/month.
Waldo's violent crime rate is 383.9 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 2050.6 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
School district information is sourced from NCES Common Core of Data.
Waldo, AL has a population of 294, a median household income of $33,828, and an unemployment rate of 15.0%. It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Waldo averages 54.2°F in January and 90.8°F in July. Annual rainfall is 56.5 inches with about 0.9 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
The population of Waldo, Alabama is 294 with a median age of 51.4. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Waldo: cost of living index 86 (100 = US average), median home $61,900, median household income $33,828, crime index 100 (100 = US average, lower is safer). Whether these are benefits or drawbacks depends on where you're coming from — compare Waldo side by side with your current city to see the trade-offs.