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Allgood

Learn about the people, housing, costs and businesses in Allgood, Alabama

Median Home$161,423
Median Rent$548/month
Population659
Leading IndustriesManufacturing · Arts, Food & Hospitality · Healthcare3% manufacturing
Home Value Growth⬆⬆⬆+38.1% over 2 years
Family-Friendly26% of residentsabove average nationally
Homeowners84% of occupied units
NotableAffordable Market$161k median home · lower cost than 69% of the country
Allgood
AL

Frequently Asked Questions

What are today's mortgage rates in Allgood?

As of today, the 30-year fixed mortgage rate for Allgood is approximately 6.950% (6.988% 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 Allgood?

The median home value in Allgood is $161k. The median monthly rent is $548. Annual property taxes average $465. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Allgood?

Home values in Allgood have increased 38.1% over the past two years. This indicates a strong appreciation trend. 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 Allgood?

Based on a typical all-in ownership cost of $757/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $32k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Allgood is $56k/year.

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What industries drive the economy in Allgood?

The largest employment sectors in Allgood are public administration (25%) and healthcare (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.