Income needed to buy a home

Marion County, AL

$50,652

a year in household income to buy the typical Marion County home with 10% down.

The monthly math

Typical home value$161,796
Down payment (10%)$16,180
Loan$145,616
Principal and interest (7.40%)$1,008/mo
Property tax (0.24% a year)$32/mo
Homeowners insurance (estimate)$81/mo
Mortgage insurance$61/mo
Total monthly cost$1,182/mo

Income needed keeps housing at 28% of gross income, the lender rule of thumb.

What locals earn

Right at the edge

The typical household here earns $50,088 a year, 99% of what it takes.

In Alabama

Marion County ranks #23 of 67 for the income a home takes, from least to most.

Easiest to afford in Alabama

CountyTypical homeIncome needed
Dallas County$88,696$28,151
Sumter County$100,676$31,651
Butler County$118,112$37,065
Bullock County$123,110$38,884
Choctaw County$125,093$38,894

Typical home value from the Zillow Home Value Index, August 2026. Rate is the Freddie Mac 30-year average for Oct 8, 2026. Property tax rate is total taxes paid divided by total home value in the county (U.S. Census, ACS 2020-2024). How it works.