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Creola

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

Median Home$155,921
Median Rent$895/month
Population2,163
Leading IndustriesEducation · Retail · Finance & Insurance4% education
Home Value Growth⬆⬆+18.3% over 2 years
Family-Friendly25% of residentsslightly above average
Homeowners75% of occupied units
NotableVeteran Community13% of residents · top 4% nationally
Creola
AL

Frequently Asked Questions

What are today's mortgage rates in Creola?

As of today, the 30-year fixed mortgage rate for Creola is approximately 6.954% (6.992% 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 Creola?

The median home value in Creola is $156k. The median monthly rent is $895. Annual property taxes average $876. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Creola?

Home values in Creola have increased 18.3% 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 Creola?

Based on a typical all-in ownership cost of $910/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $39k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Creola is $76k/year.

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What industries drive the economy in Creola?

The largest employment sectors in Creola are public administration (20%) and retail (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.