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Twin

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

Median Home$123,365
Median Rent$604/month
Population367
Leading IndustriesEducation · Retail · Manufacturing3% education
Home Value Growth⬆⬆+19.8% over 2 years
Retirees23% of residentsslightly above average
Homeowners73% of occupied units
NotableAffordable Market$123k median home · lower cost than 83% of the country
Twin
AL

Frequently Asked Questions

What are today's mortgage rates in Twin?

As of today, the 30-year fixed mortgage rate for Twin 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 Twin?

The median home value in Twin is $123k. The median monthly rent is $604. Annual property taxes average $362. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Twin?

Home values in Twin have increased 19.8% 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 Twin?

Based on a typical all-in ownership cost of $591/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 Twin is $47k/year.

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What industries drive the economy in Twin?

The largest employment sectors in Twin are public administration (25%) and retail (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.