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McMullen

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

Median Home$165,500
Median Rent$621/month
Population34
Leading IndustriesPublic Administration · Transportation · Professional Services33% public administration
Home Value Growth-0.5% over 2 years
Young Adults35% of residentswell above average
Homeowners62% of occupied units
NotableTransit80/100 · excellent transit access
NotableAffordable Market$166k median home · lower cost than 67% of the country
McMullen
AL

Frequently Asked Questions

What are today's mortgage rates in McMullen?

As of today, the 30-year fixed mortgage rate for McMullen is approximately 7.050% (7.094% 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 McMullen?

The median home value in McMullen is $166k. The median monthly rent is $621. Annual property taxes average $650. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in McMullen?

Home values in McMullen have decreased 0.5% over the past two years. Buyers may find more negotiating room in this market. 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 McMullen?

Based on a typical all-in ownership cost of $657/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 McMullen is $51k/year.

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What industries drive the economy in McMullen?

The largest employment sectors in McMullen are public administration (33%) and retail (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.