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Dothan

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

Median Home$288,575
Median Rent$1,479/month
Population1,037,618
Leading IndustriesFinance & Insurance · Information & Media · Healthcare7% finance & insurance
Home Value Growth⬆⬆+20.4% over 2 years
Retirees21% of residentsnear the national average
Homeowners68% of occupied units
NotableVeteran Community8% of residents · top 27% nationally
Dothan
AL

Frequently Asked Questions

What are today's mortgage rates in Dothan?

As of today, the 30-year fixed mortgage rate for Dothan is approximately 6.890% (6.926% 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 Dothan?

The median home value in Dothan is $289k. The median monthly rent is $1,479. Annual property taxes average $2k. 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 20.4% 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 $1,265/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $54k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Dothan is $71k/year.

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What industries drive the economy in Dothan?

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