Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Nixburg

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

Median Home$171,500
Median Rent$694/month
Population353
Leading IndustriesInformation & Media · Finance & Insurance · Public Administration11% information & media
Home Value Growth+4.3% over 2 years
Young Adults29% of residentsslightly above average
Homeowners89% of occupied units
Nixburg
AL

Frequently Asked Questions

What are today's mortgage rates in Nixburg?

As of today, the 30-year fixed mortgage rate for Nixburg is approximately 6.980% (7.019% 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 Nixburg
What is the median home price in Nixburg?

The median home value in Nixburg is $172k. The median monthly rent is $694. Annual property taxes average $311. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Nixburg?

Home values in Nixburg have increased 4.3% 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 Nixburg?

Based on a typical all-in ownership cost of $567/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $24k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Nixburg is $59k/year.

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

The largest employment sectors in Nixburg are public administration (28%) and retail (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.