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Ragland

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

Median Home$166,275
Median Rent$672/month
Population1,541
Leading IndustriesEducation · Wholesale Trade · Retail8% education
Home Value Growth⬆⬆⬆+62.9% over 2 years
Retirees25% of residentsabove average nationally
Homeowners82% of occupied units
NotableAffordable Market$166k median home · lower cost than 67% of the country
Ragland
AL

Frequently Asked Questions

What are today's mortgage rates in Ragland?

As of today, the 30-year fixed mortgage rate for Ragland is approximately 6.946% (6.984% 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 Ragland?

The median home value in Ragland is $166k. The median monthly rent is $672. Annual property taxes average $500. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Ragland?

Home values in Ragland have increased 62.9% 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 Ragland?

Based on a typical all-in ownership cost of $646/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $28k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Ragland is $52k/year.

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What industries drive the economy in Ragland?

The largest employment sectors in Ragland are retail (19%) and public administration (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.