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Axis

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

Median Home$198,800
Median Rent$895/month
Population638
Leading IndustriesRetail · Public Administration · Transportation34% retail
Home Value Growth⬆⬆+15.5% over 2 years
Family-Friendly29% of residentswell above average
Homeowners91% of occupied units
NotableHigh Incomes$118k/year · top 9% nationally
Axis
AL

Frequently Asked Questions

What are today's mortgage rates in Axis?

As of today, the 30-year fixed mortgage rate for Axis is approximately 6.953% (6.994% 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 Axis?

The median home value in Axis is $199k. The median monthly rent is $895. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Axis?

Home values in Axis have increased 15.5% 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 Axis?

Based on a typical all-in ownership cost of $1,332/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $57k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Axis is $118k/year.

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What industries drive the economy in Axis?

The largest employment sectors in Axis are retail (34%) and public administration (29%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.