Steele, AL
Population 1,293 · Alabama
About Steele, AL
Steele is a small community in Alabama with a population of 1,293 residents. The median household income is $70,000 per year, which is near the national average. The median age in Steele is 40 years.
Housing in Steele has a median home value of $101,700 and median monthly rent of $744. Of the 559 total housing units, the majority are owner-occupied, with 395 owner-occupied and 47 renter-occupied units.
The unemployment rate in Steele is 7.8% and the poverty rate is 8.0%. 8.7% of residents hold a bachelor's degree or higher. The average commute time is 32.4 minutes.
Cost of Living in Steele, AL
Compared to national averages, Steele has a median household income of $70,000 (7% below the national median of $75,149). Home values average $101,700, which is 58% below the national median. Monthly rent at $744 is 36% below the US average of $1,163. Within Alabama, Steele's income is 21% above the state average of $57,952, and home values are 36% below the state median of $159,358.
Why Live in Steele, AL?
Steele offers affordable housing with a median home value of $101,700, below the US average of $244,900, and rent that’s lower than the national average at $744/month, and a low poverty rate of 8.0%, better than the national average.
Potential considerations include median household income ($70,000) that falls below the national average. However, Steele’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Steele has a population of 1,293 with a median age of 40 years. Compare Steele with other cities to see how it stacks up, or explore all cities in Alabama.
Similar Cities Near Steele
Cities in Alabama with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| New Market | 1,296 | $71,083 | $113,400 | Compare |
| Woodstock | 1,282 | $71,154 | $190,700 | Compare |
| Magnolia Springs | 1,278 | $93,000 | $399,100 | Compare |
| Locust Fork | 1,312 | $42,045 | $169,600 | Compare |
| Rock Creek | 1,313 | $80,063 | $156,900 | Compare |
| Bear Creek | 1,317 | $36,250 | $95,300 | Compare |
| West Blocton | 1,320 | $37,537 | $107,400 | Compare |
| Susan Moore | 1,323 | $81,875 | $117,600 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Alabama
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Steele
What is the population of Steele, AL?
The population of Steele, AL is 1,293 according to the latest Census data.
What is the median household income in Steele?
The median household income in Steele, AL is $70,000 per year.
What is the median home value in Steele?
The median home value in Steele, AL is $101,700.
What is the average rent in Steele?
The median monthly rent in Steele, AL is $744.
What is the unemployment rate in Steele?
The unemployment rate in Steele, AL is 7.8%.