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Demopolis

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

Median Home$298,342
Median Rent$1,213/month
Population681,038
Leading IndustryEducation2% of local workforce
Home Value Growth⬆⬆+13.6% over 2 years
Family-Friendly24% of residentsslightly above average
Homeowners71% of occupied units
Demopolis
AL

Frequently Asked Questions

What are today's mortgage rates in Demopolis?

As of today, the 30-year fixed mortgage rate for Demopolis is approximately 6.881% (6.917% 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 Demopolis?

The median home value in Demopolis is $298k. The median monthly rent is $1,213. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Demopolis?

Home values in Demopolis have increased 13.6% 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 Demopolis?

Based on a typical all-in ownership cost of $1,193/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $51k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Demopolis is $81k/year.

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What industries drive the economy in Demopolis?

The largest employment sectors in Demopolis are public administration (24%) and retail (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.