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Mobile

Learn about the people, housing, costs and businesses in Mobile

Median Home$195,053
Median Rent$1,086/month
Population412,590
Leading IndustryRetail13% of local workforce
Home Value Growth⬆⬆+16.0% over 2 years
Family-Friendly23% of residentsnear the national average
Homeowners66% of occupied units
NotableVeteran Community8% of residents · top 28% nationally
NotableAffordable Market$195k median home · lower cost than 81% of the country
Mobile

Explore Mobile

Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Mobile?›

Mortgage rates for Mobile are updated daily on Safe Rate using live investor pricing. Rates depend on your credit score, loan type (Conventional, FHA, VA, Jumbo), and down payment. A 30-year fixed rate is the most common product for home purchases.

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What is the median home price in Mobile?›

The median home value in Mobile is $195k. The median monthly rent is $1,086. Annual property taxes average $907. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Mobile?›

Home values in Mobile have increased 16.0% 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 Mobile?›

Based on a typical all-in ownership cost of $1,037/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $44k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Mobile is $64k/year.

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What industries drive the economy in Mobile?›

The largest employment sectors in Mobile are public administration (23%) and retail (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.