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Forkland

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

Median Home$65,500
Median Rent$501/month
Population408
Leading IndustriesConstruction · Agriculture & Mining · Arts, Food & Hospitality19% construction
Retirees33% of residentstop 4% nationally
Homeowners67% of occupied units
NotableAffordable Market$66k median home · lower cost than 99% of the country
Forkland
AL

Frequently Asked Questions

What are today's mortgage rates in Forkland?

As of today, the 30-year fixed mortgage rate for Forkland is approximately 7.361% (7.413% 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 Forkland?

The median home value in Forkland is $66k. The median monthly rent is $501. Annual property taxes average $301. Home values are based on U.S. Census Bureau American Community Survey estimates.

How much income do you need to buy a home in Forkland?

Based on a typical all-in ownership cost of $423/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $18k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Forkland is $29k/year.

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What industries drive the economy in Forkland?

The largest employment sectors in Forkland are retail (21%) and agriculture and mining (19%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.