Mobile County
Alabama ยท Pop. 414,809
Ranked #6 of 200 counties
62Moderate
Median Home Price
๐$180K
2.5% YoY
Median Rent
๐$950
Median Income
๐ฐ$42K
Rent Burden
๐30.5%
% of income to rent
Housing Shortage
๐๏ธ4,000
estimated unit deficit
Building Permits (2024)
๐1,800
Price-to-Income Ratio
โ๏ธ4.3x
Homeownership Rate
๐ก62.5%
How Mobile County Compares
| Metric | Mobile County | Alabama | National |
|---|---|---|---|
| Home Price | $180K | $217K | $410K |
| Rent | $950 | $982 | $1,500 |
| Income | $42K | $62K | $75K |
| Rent Burden | 30.5% | 28.5% | 30.0% |
| Homeownership | 62.5% | 70.0% | 65.0% |
Key Takeaways
- โข Home prices are 56% below the national average.
- โข Rent is 37% below the national average.
- โข The county has an estimated housing shortage of 4,000 units.
- โข 1,800 building permits were issued in 2024.
- โข Year-over-year home prices changed by 2.5%.