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Pell

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

Median Home$237,511
Median Rent$1,196/month
Population13,318
Leading IndustriesRetail · Education · Information & Media18% retail
Home Value Growth⬆⬆+13.5% over 2 years
Young Adults28% of residentsnear the national average
Homeowners72% of occupied units
NotableAmenity Score68/100 · highly walkable area
Pell City
AL

Frequently Asked Questions

What are today's mortgage rates in Pell?

As of today, the 30-year fixed mortgage rate for Pell is approximately 6.949% (6.987% 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 Pell?

The median home value in Pell is $238k. The median monthly rent is $1,196. Annual property taxes average $824. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Pell?

Home values in Pell have increased 13.5% 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 Pell?

Based on a typical all-in ownership cost of $1,088/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $47k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Pell is $73k/year.

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What industries drive the economy in Pell?

The largest employment sectors in Pell are public administration (22%) and retail (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.