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Dothan

Learn about the people, housing, costs and businesses in Dothan

Median Home$172,955
Median Rent$915/month
Population152,674
Leading IndustriesInformation & Media · Finance & Insurance · Transportation9% information & media
Home Value Growth⬆⬆+17.1% over 2 years
Retirees20% of residentsslightly above average
Homeowners68% of occupied units
NotableAffordable Market$173k median home · lower cost than 89% of the country
NotableVeteran Community10% of residents · top 12% nationally
Dothan

Frequently Asked Questions

What are today's mortgage rates in Dothan?

Mortgage rates for Dothan are updated daily on Safe Rate using live investor pricing. Rates depend on your credit score, loan type (Conventional, FHA, VA, Jumbo), and down payment. A 30-year fixed rate is the most common product for home purchases.

View current rates for Dothan
What is the median home price in Dothan?

The median home value in Dothan is $173k. The median monthly rent is $915. Annual property taxes average $530. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Dothan?

Home values in Dothan have increased 17.1% 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 Dothan?

Based on a typical all-in ownership cost of $845/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $36k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Dothan is $61k/year.

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What industries drive the economy in Dothan?

The largest employment sectors in Dothan are public administration (25%) and retail (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.