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Ohatchee

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

Median Home$168,500
Median Rent$766/month
Population1,191
Leading IndustriesRetail · Education35% retail
Home Value Growth⬆⬆⬆+23.6% over 2 years
Family-Friendly22% of residents
Homeowners93% of occupied units
NotableVeteran Community9% of residents · top 22% nationally
NotableAffordable Market$169k median home · lower cost than 66% of the country
Ohatchee
AL

Frequently Asked Questions

What are today's mortgage rates in Ohatchee?

As of today, the 30-year fixed mortgage rate for Ohatchee is approximately 6.978% (7.017% 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 Ohatchee?

The median home value in Ohatchee is $169k. The median monthly rent is $766. Annual property taxes average $591. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Ohatchee?

Home values in Ohatchee have increased 23.6% 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 Ohatchee?

Based on a typical all-in ownership cost of $806/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $35k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Ohatchee is $69k/year.

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What industries drive the economy in Ohatchee?

The largest employment sectors in Ohatchee are retail (35%) and public administration (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.