Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Section

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

Median Home$136,731
Median Rent$754/month
Population750
Leading IndustriesFinance & Insurance · Professional Services · Healthcare7% finance & insurance
Home Value Growth⬆⬆⬆+26.6% over 2 years
Young Adults34% of residentswell above average
Homeowners79% of occupied units
NotableAffordable Market$137k median home · lower cost than 79% of the country
Section
AL

Frequently Asked Questions

What are today's mortgage rates in Section?

As of today, the 30-year fixed mortgage rate for Section is approximately 6.883% (6.919% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Section
What is the median home price in Section?

The median home value in Section is $137k. The median monthly rent is $754. Annual property taxes average $481. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Section?

Home values in Section have increased 26.6% 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 Section?

Based on a typical all-in ownership cost of $617/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $26k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Section is $51k/year.

Calculate your buying power
What industries drive the economy in Section?

The largest employment sectors in Section are public administration (21%) and healthcare (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.