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Lillian

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

Median Home$236,900
Median Rent$920/month
Population1,364
Leading IndustriesTransportation · Finance & Insurance · Public Administration4% transportation
Home Value Growth⬆⬆⬆+40.5% over 2 years
Young Adults28% of residentsnear the national average
Homeowners85% of occupied units
NotableTransit84/100 · excellent transit access
NotableAmenity Score67/100 · highly walkable area
Lillian
AL

Frequently Asked Questions

What are today's mortgage rates in Lillian?

As of today, the 30-year fixed mortgage rate for Lillian is approximately 6.925% (6.962% 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 Lillian?

The median home value in Lillian is $237k. The median monthly rent is $920. Annual property taxes average $452. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Lillian?

Home values in Lillian have increased 40.5% 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 Lillian?

Based on a typical all-in ownership cost of $832/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 Lillian is $63k/year.

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What industries drive the economy in Lillian?

The largest employment sectors in Lillian are public administration (26%) and wholesale trade (9%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.