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Meadowbrook

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

Median Home$420,433
Median Rent$1,420/month
Population9,479
Leading IndustriesTransportation · Arts, Food & Hospitality · Healthcare4% transportation
Home Value Growth⬆⬆+16.3% over 2 years
Family-Friendly25% of residentsslightly above average
Homeowners87% of occupied units
NotableHighly Educated44% bachelor's · 18% graduate · top 1% nationally
NotableHigh Incomes$135k/year · top 6% nationally
Meadowbrook
AL

Frequently Asked Questions

What are today's mortgage rates in Meadowbrook?

As of today, the 30-year fixed mortgage rate for Meadowbrook is approximately 6.908% (6.944% 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 Meadowbrook?

The median home value in Meadowbrook is $420k. The median monthly rent is $1,420. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Meadowbrook?

Home values in Meadowbrook have increased 16.3% 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 Meadowbrook?

Based on a typical all-in ownership cost of $1,601/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $69k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Meadowbrook is $135k/year.

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What industries drive the economy in Meadowbrook?

The largest employment sectors in Meadowbrook are public administration (25%) and healthcare (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.