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New Brockton

Learn about the people, housing, costs and businesses in New Brockton, Alabama

Median Home$215,500
Median Rent$715/month
Population1,334
Leading IndustriesFinance & Insurance · Information & Media · Education10% finance & insurance
Home Value Growth⬆⬆⬆+54.9% over 2 years
Family-Friendly26% of residentsabove average nationally
Homeowners85% of occupied units
NotableVeteran Community11% of residents · top 9% nationally
New Brockton
AL

Frequently Asked Questions

What are today's mortgage rates in New Brockton?

As of today, the 30-year fixed mortgage rate for New Brockton is approximately 7.000% (7.040% 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 New Brockton?

The median home value in New Brockton is $216k. The median monthly rent is $715. Annual property taxes average $715. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in New Brockton?

Home values in New Brockton have increased 54.9% 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 New Brockton?

Based on a typical all-in ownership cost of $929/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $40k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in New Brockton is $77k/year.

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What industries drive the economy in New Brockton?

The largest employment sectors in New Brockton are public administration (20%) and retail (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.