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Level Plains

Learn about the people, housing, costs and businesses in Level Plains, Alabama

Median Home$134,700
Median Rent$1,116/month
Population1,779
Leading IndustriesFinance & Insurance · Information & Media · Retail10% finance & insurance
Home Value Growth+5.0% over 2 years
Family-Friendly26% of residentsabove average nationally
Homeowners76% of occupied units
NotableVeteran Community12% of residents · top 6% nationally
Level Plains
AL

Frequently Asked Questions

What are today's mortgage rates in Level Plains?

As of today, the 30-year fixed mortgage rate for Level Plains is approximately 6.987% (7.029% 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 Level Plains?

The median home value in Level Plains is $135k. The median monthly rent is $1,116. Annual property taxes average $496. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Level Plains?

Home values in Level Plains have increased 5.0% over the past two years. This represents moderate growth. 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 Level Plains?

Based on a typical all-in ownership cost of $857/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $37k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Level Plains is $79k/year.

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What industries drive the economy in Level Plains?

The largest employment sectors in Level Plains are public administration (22%) and retail (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.