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Clayhatchee

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

Median Home$157,400
Median Rent$633/month
Population459
Leading IndustryEducation4% of local workforce
Home Value Growth⬇⬇-11.6% over 2 years
Retirees23% of residentsslightly above average
Homeowners76% of occupied units
NotableVeteran Community18% of residents · top 1% nationally
NotableTransit93/100 · excellent transit access
Clayhatchee
AL

Frequently Asked Questions

What are today's mortgage rates in Clayhatchee?

As of today, the 30-year fixed mortgage rate for Clayhatchee 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 Clayhatchee?

The median home value in Clayhatchee is $157k. The median monthly rent is $633. Annual property taxes average $521. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Clayhatchee?

Home values in Clayhatchee have decreased 11.6% over the past two years. Buyers may find more negotiating room in this market. 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 Clayhatchee?

Based on a typical all-in ownership cost of $603/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $26k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Clayhatchee is $57k/year.

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What industries drive the economy in Clayhatchee?

The largest employment sectors in Clayhatchee are public administration (23%) and retail (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.