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Rockford

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

Median Home$171,500
Median Rent$694/month
Population374
Leading IndustriesRetail · Education · Transportation24% retail
Home Value Growth+4.3% over 2 years
Retirees30% of residentswell above average
Homeowners89% of occupied units
Rockford
AL

Frequently Asked Questions

What are today's mortgage rates in Rockford?

As of today, the 30-year fixed mortgage rate for Rockford is approximately 6.909% (6.946% 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 Rockford?

The median home value in Rockford 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 Rockford?

Home values in Rockford 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 Rockford?

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 Rockford is $59k/year.

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What industries drive the economy in Rockford?

The largest employment sectors in Rockford are retail (24%) and public administration (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.