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Mooresville

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

Median Home$398,100
Median Rent$1,484/month
Population53
Leading IndustriesArts, Food & Hospitality · Retail · Healthcare20% arts, food & hospitality
Home Value Growth⬆⬆⬆+39.4% over 2 years
Young Adults36% of residentstop 5% nationally
Homeowners79% of occupied units
NotableVeteran Community14% of residents · top 3% nationally
NotableHigh Incomes$139k/year · top 5% nationally
Mooresville
AL

Frequently Asked Questions

What are today's mortgage rates in Mooresville?

As of today, the 30-year fixed mortgage rate for Mooresville 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.

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What is the median home price in Mooresville?

The median home value in Mooresville is $398k. The median monthly rent is $1,484. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Mooresville?

Home values in Mooresville have increased 39.4% 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 Mooresville?

Based on a typical all-in ownership cost of $1,559/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $67k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Mooresville is $139k/year.

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What industries drive the economy in Mooresville?

The largest employment sectors in Mooresville are retail (25%) and healthcare (20%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.