🏦 Mortgage Calculators Alabama

How Much House Can I Afford in Alabama?

Find out how much house you can afford in Alabama with 0.41% property tax. Uses 28/36 rule with Alabama-specific data.

Free — No Sign-up Verified Data Editorially Reviewed Updated Feb 2026

Alabama Quick Facts

5.0% Income Tax Rate

0.41% Property Tax Rate

$56,929 Median Income

88.1 Cost of Living

How This Calculator Works

Calculation methodology and assumptions

Calculates home affordability in Alabama using the 28/36 rule. Maximum 28% of gross monthly income for housing (PITI). Includes Alabama's effective property tax rate of 0.41% and average home insurance of $2,320/year. Median home price in Alabama: $210,000.

Key State Information

Alabama housing market: Median home price $210,000 | Property tax rate 0.41% | Avg home insurance $2,320/yr | Median household income $56,929. Home prices are moderate relative to income.

Standard financial formulas Pre-filled with real state data Estimates only — not financial advice

Data Source

Census Bureau, Zillow, Tax Foundation

View Original Source | Verified 2024-12-01 | Updated annually

Frequently Asked Questions

How much house can I afford on the median income in Alabama?

With Alabama's median household income of $56,929 and a 10% down payment, you can typically afford a home priced around $199,252-$256,181 depending on debts and interest rates. The median home in Alabama costs $210,000.

What is the property tax rate in Alabama?

Alabama's effective property tax rate is 0.41%. On a $210,000 home, that's approximately $861/year or $72/month.