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Babbie

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

Median Home$211,600
Median Rent$625/month
Population618
Leading IndustriesInformation & Media · Public Administration · Manufacturing9% information & media
Home Value Growth⬆⬆⬆+29.6% over 2 years
Family-Friendly25% of residentsslightly above average
Homeowners98% of occupied units
NotableTransit87/100 · excellent transit access
NotableVeteran Community9% of residents · top 22% nationally
Babbie
AL

Frequently Asked Questions

What are today's mortgage rates in Babbie?

As of today, the 30-year fixed mortgage rate for Babbie is approximately 6.980% (7.019% 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 Babbie?

The median home value in Babbie is $212k. The median monthly rent is $625. Annual property taxes average $392. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Babbie?

Home values in Babbie have increased 29.6% 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 Babbie?

Based on a typical all-in ownership cost of $554/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $24k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Babbie is $73k/year.

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What industries drive the economy in Babbie?

The largest employment sectors in Babbie are public administration (29%) and healthcare (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.