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Daphne

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

Median Home$329,585
Median Rent$1,360/month
Population27,780
Leading IndustriesManufacturing · Arts, Food & Hospitality · Transportation1% manufacturing
Home Value Growth⬆⬆⬆+25.5% over 2 years
Young Adults30% of residentsabove average nationally
Homeowners71% of occupied units
NotableAmenity Score72/100 · highly walkable area
NotableVeteran Community10% of residents · top 14% nationally
Daphne
AL

Frequently Asked Questions

What are today's mortgage rates in Daphne?

As of today, the 30-year fixed mortgage rate for Daphne is approximately 6.886% (6.928% 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 Daphne?

The median home value in Daphne is $330k. The median monthly rent is $1,360. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Daphne?

Home values in Daphne have increased 25.5% 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 Daphne?

Based on a typical all-in ownership cost of $1,355/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $58k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Daphne is $88k/year.

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What industries drive the economy in Daphne?

The largest employment sectors in Daphne are public administration (21%) and healthcare (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.