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Clanton

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

Median Home$172,553
Median Rent$895/month
Population8,704
Leading IndustriesWholesale Trade · Manufacturing · Retail13% wholesale trade
Home Value Growth⬆⬆⬆+22.4% over 2 years
Young Adults28% of residentsnear the national average
Homeowners65% of occupied units
NotableAmenity Score72/100 · highly walkable area
Clanton
AL

Frequently Asked Questions

What are today's mortgage rates in Clanton?

As of today, the 30-year fixed mortgage rate for Clanton is approximately 6.997% (7.037% 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 Clanton?

The median home value in Clanton is $173k. The median monthly rent is $895. Annual property taxes average $681. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Clanton?

Home values in Clanton have increased 22.4% 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 Clanton?

Based on a typical all-in ownership cost of $863/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $37k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Clanton is $61k/year.

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What industries drive the economy in Clanton?

The largest employment sectors in Clanton are public administration (21%) and retail (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.