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Rutledge

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

Median Home$108,719
Median Rent$727/month
Population337
Leading IndustriesRetail · Construction · Manufacturing29% retail
Home Value Growth-1.6% over 2 years
Retirees23% of residentsslightly above average
Homeowners81% of occupied units
NotableAffordable Market$109k median home · lower cost than 89% of the country
NotableTransit79/100 · excellent transit access
Rutledge
AL

Frequently Asked Questions

What are today's mortgage rates in Rutledge?

As of today, the 30-year fixed mortgage rate for Rutledge is approximately 6.953% (6.994% 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 Rutledge?

The median home value in Rutledge is $109k. The median monthly rent is $727. Annual property taxes average $364. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Rutledge?

Home values in Rutledge have decreased 1.6% over the past two years. Buyers may find more negotiating room in this market. 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 Rutledge?

Based on a typical all-in ownership cost of $578/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $25k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Rutledge is $58k/year.

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What industries drive the economy in Rutledge?

The largest employment sectors in Rutledge are retail (29%) and public administration (21%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.