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Prattville

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

Median Home$204,192
Median Rent$1,222/month
Population37,465
Leading IndustriesEducation · Transportation · Finance & Insurance3% education
Home Value Growth⬆⬆+13.7% over 2 years
Young Adults31% of residentsabove average nationally
Homeowners69% of occupied units
NotableVeteran Community11% of residents · top 9% nationally
NotableAmenity Score72/100 · highly walkable area
Prattville
AL

Frequently Asked Questions

What are today's mortgage rates in Prattville?

As of today, the 30-year fixed mortgage rate for Prattville is approximately 7.010% (7.050% 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 Prattville?

The median home value in Prattville is $204k. The median monthly rent is $1,222. Annual property taxes average $627. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Prattville?

Home values in Prattville have increased 13.7% 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 Prattville?

Based on a typical all-in ownership cost of $1,115/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $48k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Prattville is $76k/year.

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What industries drive the economy in Prattville?

The largest employment sectors in Prattville are public administration (20%) and retail (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.