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Marengo County

Learn about the people, housing, costs and businesses in Marengo County County

Median Home$127,501
Median Rent$735/month
Population18,851
Leading IndustriesRetail · Information & Media · Finance & Insurance23% retail
Home Value Growth+10.6% over 2 years
Young Adults27% of residentsnear the national average
Homeowners70% of occupied units
NotableAffordable Market$128k median home · lower cost than 81% of the country
NotableVeteran Community9% of residents · top 20% nationally
Marengo County
AL

Frequently Asked Questions

What are today's mortgage rates in Marengo County?

As of today, the 30-year fixed mortgage rate for Marengo County is approximately 7.153% (7.186% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Marengo County
What is the median home price in Marengo County?

The median home value in Marengo County is $128k. The median monthly rent is $735. Annual property taxes average $497. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Marengo County?

Home values in Marengo County have increased 10.6% 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 Marengo County?

Based on a typical all-in ownership cost of $646/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $28k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Marengo County is $48k/year.

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What industries drive the economy in Marengo County?

The largest employment sectors in Marengo County are public administration (25%) and retail (23%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

🗺️ Nearby Areas

Adjacent counties and areas