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Coker

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

Median Home$190,134
Median Rent$872/month
Population748
Leading IndustriesTransportation · Manufacturing · Retail4% transportation
Home Value Growth⬆⬆⬆+30.9% over 2 years
Family-Friendly25% of residentsslightly above average
Homeowners85% of occupied units
NotableTransit81/100 · excellent transit access
Coker
AL

Frequently Asked Questions

What are today's mortgage rates in Coker?

As of today, the 30-year fixed mortgage rate for Coker is approximately 7.046% (7.087% 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 Coker?

The median home value in Coker is $190k. The median monthly rent is $872. Annual property taxes average $446. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Coker?

Home values in Coker have increased 30.9% 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 Coker?

Based on a typical all-in ownership cost of $753/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $32k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Coker is $60k/year.

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What industries drive the economy in Coker?

The largest employment sectors in Coker are public administration (23%) and retail (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.