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Maxwell AFB

Learn about the people, housing, costs and businesses in Maxwell AFB, Alabama

Median Home$299,267
Median Rent$1,260/month
Population101,139
Leading IndustryInformation & Media7% of local workforce
Home Value Growth⬆⬆+11.8% over 2 years
Young Adults28% of residentsnear the national average
Homeowners74% of occupied units
NotableVeteran Community10% of residents · top 9% nationally
Maxwell AFB
AL

Frequently Asked Questions

What are today's mortgage rates in Maxwell AFB?

As of today, the 30-year fixed mortgage rate for Maxwell AFB is approximately 6.903% (6.939% 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 Maxwell AFB?

The median home value in Maxwell AFB is $299k. The median monthly rent is $1,260. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Maxwell AFB?

Home values in Maxwell AFB have increased 11.8% 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 Maxwell AFB?

Based on a typical all-in ownership cost of $1,187/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $51k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Maxwell AFB is $75k/year.

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What industries drive the economy in Maxwell AFB?

The largest employment sectors in Maxwell AFB are public administration (24%) and retail (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.