Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Mobile

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

Median Home$334,100
Median Rent$1,222/month
Population122
Leading IndustriesFinance & Insurance · Information & Media · Wholesale Trade11% finance & insurance
Home Value Growth+6.6% over 2 years
Family-Friendly28% of residentswell above average
Homeowners79% of occupied units
NotableHigh Incomes$114k/year · top 11% nationally
Mobile City
TX

Frequently Asked Questions

What are today's mortgage rates in Mobile?

As of today, the 30-year fixed mortgage rate for Mobile is approximately 6.946% (6.984% 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 Mobile
What is the median home price in Mobile?

The median home value in Mobile is $334k. The median monthly rent is $1,222. Annual property taxes average $6k. 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 6.6% 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 Mobile?

Based on a typical all-in ownership cost of $1,864/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $80k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Mobile is $114k/year.

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

The largest employment sectors in Mobile are retail (15%) and wholesale trade (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.