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Alford

Learn about the people, housing, costs and businesses in Alford, Florida

Median Home$131,600
Median Rent$778/month
Population399
Leading IndustriesConstruction · Agriculture & Mining · Finance & Insurance9% construction
Home Value Growth-0.2% over 2 years
Retirees24% of residentsslightly above average
Homeowners91% of occupied units
NotableAffordable Market$132k median home · lower cost than 80% of the country
Alford
FL

Frequently Asked Questions

What are today's mortgage rates in Alford?

As of today, the 30-year fixed mortgage rate for Alford is approximately 6.975% (7.017% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Alford?

The median home value in Alford is $132k. The median monthly rent is $778. Annual property taxes average $677. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Alford?

Home values in Alford have decreased 0.2% over the past two years. Buyers may find more negotiating room in this market. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Alford?

Based on a typical all-in ownership cost of $468/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $20k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Alford is $49k/year.

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What industries drive the economy in Alford?

The largest employment sectors in Alford are public administration (24%) and retail (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.