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Dora

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

Median Home$139,300
Median Rent$772/month
Population2,736
Leading IndustriesInformation & Media · Finance & Insurance · Manufacturing16% information & media
Home Value Growth⬆⬆+12.3% over 2 years
Young Adults28% of residentsnear the national average
Homeowners73% of occupied units
NotableAffordable Market$139k median home · lower cost than 78% of the country
Dora
AL

Frequently Asked Questions

What are today's mortgage rates in Dora?

As of today, the 30-year fixed mortgage rate for Dora is approximately 7.213% (7.261% 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 Dora?

The median home value in Dora is $139k. The median monthly rent is $772. Annual property taxes average $385. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Dora?

Home values in Dora have increased 12.3% 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 Dora?

Based on a typical all-in ownership cost of $748/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 Dora is $69k/year.

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What industries drive the economy in Dora?

The largest employment sectors in Dora are public administration (19%) and information and media (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.