Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Midfield

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

Median Home$108,232
Median Rent$1,127/month
Population5,564
Leading IndustriesHealthcare · Arts, Food & Hospitality · Professional Services29% healthcare
Home Value Growth+7.2% over 2 years
Family-Friendly25% of residentsslightly above average
Homeowners67% of occupied units
NotableHighly Educated27% bachelor's · 26% graduate · top 14% nationally
NotableAmenity Score68/100 · highly walkable area
Midfield
AL

Frequently Asked Questions

What are today's mortgage rates in Midfield?

As of today, the 30-year fixed mortgage rate for Midfield is approximately 6.796% (6.829% 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 Midfield
What is the median home price in Midfield?

The median home value in Midfield is $108k. The median monthly rent is $1,127. Annual property taxes average $743. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Midfield?

Home values in Midfield have increased 7.2% over the past two years. This represents moderate growth. 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 Midfield?

Based on a typical all-in ownership cost of $916/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $39k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Midfield is $52k/year.

Calculate your buying power
What industries drive the economy in Midfield?

The largest employment sectors in Midfield are healthcare (29%) and arts, food, and hospitality (26%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.