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Argo

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

Median Home$276,196
Median Rent$853/month
Population4,300
Leading IndustriesRetail · Education · Arts, Food & Hospitality19% retail
Home Value Growth+7.6% over 2 years
Retirees25% of residentsabove average nationally
Homeowners92% of occupied units
NotableHigh Incomes$95k/year · top 21% nationally
Argo
AL

Frequently Asked Questions

What are today's mortgage rates in Argo?

As of today, the 30-year fixed mortgage rate for Argo is approximately 6.987% (7.026% 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 Argo?

The median home value in Argo is $276k. The median monthly rent is $853. Annual property taxes average $850. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Argo?

Home values in Argo have increased 7.6% over the past two years. This represents moderate growth. 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 Argo?

Based on a typical all-in ownership cost of $1,235/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $53k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Argo is $95k/year.

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What industries drive the economy in Argo?

The largest employment sectors in Argo are public administration (20%) and retail (19%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.