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Town Creek

Learn about the people, housing, costs and businesses in Town Creek, Alabama

Median Home$117,252
Median Rent$671/month
Population1,109
Leading IndustriesEducation · Finance & Insurance · Information & Media4% education
Home Value Growth⬆⬆+16.2% over 2 years
Young Adults28% of residentsnear the national average
Homeowners72% of occupied units
NotableTransit85/100 · excellent transit access
NotableAffordable Market$117k median home · lower cost than 86% of the country
Town Creek
AL

Frequently Asked Questions

What are today's mortgage rates in Town Creek?

As of today, the 30-year fixed mortgage rate for Town Creek is approximately 6.933% (6.970% 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 Town Creek?

The median home value in Town Creek is $117k. The median monthly rent is $671. Annual property taxes average $390. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Town Creek?

Home values in Town Creek have increased 16.2% 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 Town Creek?

Based on a typical all-in ownership cost of $607/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 Town Creek is $48k/year.

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What industries drive the economy in Town Creek?

The largest employment sectors in Town Creek are public administration (22%) and retail (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.