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Taylor

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

Median Home$189,937
Median Rent$1,044/month
Population2,356
Leading IndustriesTransportation · Finance & Insurance · Public Administration4% transportation
Home Value Growth⬆⬆+21.0% over 2 years
Family-Friendly27% of residentsabove average nationally
Homeowners78% of occupied units
NotableVeteran Community12% of residents · top 6% nationally
Taylor
AL

Frequently Asked Questions

What are today's mortgage rates in Taylor?

As of today, the 30-year fixed mortgage rate for Taylor is approximately 7.015% (7.055% 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 Taylor?

The median home value in Taylor is $190k. The median monthly rent is $1,044. Annual property taxes average $579. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Taylor?

Home values in Taylor have increased 21.0% 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 Taylor?

Based on a typical all-in ownership cost of $994/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $43k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Taylor is $78k/year.

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What industries drive the economy in Taylor?

The largest employment sectors in Taylor are public administration (26%) and retail (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.