Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Belk

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

Median Home$148,400
Median Rent$764/month
Population183
Leading IndustriesEducation · Healthcare · Arts, Food & Hospitality8% education
Home Value Growth+2.7% over 2 years
Retirees25% of residentsabove average nationally
Homeowners72% of occupied units
NotableHighly Educated41% bachelor's · 27% graduate · top 1% nationally
NotableAffordable Market$148k median home · lower cost than 75% of the country
Belk
AL

Frequently Asked Questions

What are today's mortgage rates in Belk?

As of today, the 30-year fixed mortgage rate for Belk is approximately 6.773% (6.805% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Belk
What is the median home price in Belk?

The median home value in Belk is $148k. The median monthly rent is $764. Annual property taxes average $426. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Belk?

Home values in Belk have increased 2.7% over the past two years. The market has been relatively stable. 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 Belk?

Based on a typical all-in ownership cost of $636/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $27k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Belk is $45k/year.

Calculate your buying power
What industries drive the economy in Belk?

The largest employment sectors in Belk are healthcare (27%) and arts, food, and hospitality (22%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.