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Learn about the people, housing, costs and businesses in Mignon, Alabama
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FHA, VA, Conventional & Jumbo · Purchase & Refi rates in Mignon.
True all-in cost — P&I, taxes, insurance & utilities for homes in Mignon.
Find and compare lenders active near Mignon.
Homeowners, flood, and specialty coverage estimates
Flood, earthquake, and wildfire risk data
FEMA flood zones and flood insurance estimates for Mignon.
Seismic risk and earthquake insurance estimates for Mignon.
Wildfire exposure and insurance estimates for Mignon.
As of today, the 30-year fixed mortgage rate for Mignon is approximately 6.953% (6.994% 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 MignonThe median home value in Mignon is $159k. The median monthly rent is $709. Annual property taxes average $727. Home values are based on U.S. Census Bureau American Community Survey estimates.
Home values in Mignon have increased 39.7% 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.
Based on a typical all-in ownership cost of $641/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $27k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Mignon is $36k/year.
Calculate your buying powerThe largest employment sectors in Mignon are retail (30%) and public administration (22%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.