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Jemison

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

Median Home$143,066
Median Rent$853/month
Population2,808
Leading IndustriesWholesale Trade · Transportation · Manufacturing25% wholesale trade
Home Value Growth⬆⬆⬆+34.4% over 2 years
Family-Friendly28% of residentswell above average
Homeowners77% of occupied units
Jemison
AL

Frequently Asked Questions

What are today's mortgage rates in Jemison?

As of today, the 30-year fixed mortgage rate for Jemison is approximately 6.998% (7.038% 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 Jemison?

The median home value in Jemison is $143k. The median monthly rent is $853. Annual property taxes average $459. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Jemison?

Home values in Jemison have increased 34.4% 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 Jemison?

Based on a typical all-in ownership cost of $807/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $35k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Jemison is $68k/year.

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What industries drive the economy in Jemison?

The largest employment sectors in Jemison are wholesale trade (25%) and public administration (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.