The typical owner-occupied home in Kellyton is worth about $108,900, 48% below the Alabama median of $209,900 and 67% below the national median of $332,700. Owners pay a median $420 a year in property taxes, about 0.39% of their home's value, close to the Alabama rate of 0.38%. The median household earns $60,625 a year, so the median home costs 1.8 times the median income (3.3 times for Alabama). 83% of occupied homes here are lived in by their owners, and 26% of those owners still have a mortgage.
Kellyton at a glance
| Kellyton | Alabama | U.S. | |
|---|---|---|---|
| Median home value | $108,900 | $209,900 | $332,700 |
| Median property tax paid per year | $420 | $788 | $3,119 |
| Property tax as a share of value | 0.39% | 0.38% | 0.94% |
| Median household income | $60,625 | $63,999 | $80,734 |
| Homes lived in by their owners | 83% | 70% | 65% |
| Owner homes with a mortgage | 26% | 54% | 61% |
| Median monthly costs, owners with a mortgage | $900 | $1,433 | $1,963 |
| Those costs as a share of the owners' income | 21.3% | 19.0% | 21.0% |
| Median rent | – | $1,007 | $1,413 |
| Median year homes were built | 1965 | 1986 | 1980 |
| Vacant homes | 42.5% | 14.5% | 10.1% |
| Population | 106 | 5,086,768 | 334,922,499 |
What a typical home costs per month in Kellyton
At this week's average 30-year rate of 7.11%, buying the median Kellyton home of $108,900 with 20% down costs about $667 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $848, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $28,578 for the 20%-down payment. That payment is 13% of the median Kellyton household income of $60,625; at that income and 20% down, the 28% guideline points to a home of about $231,000.
| Down payment | $21,780 |
|---|---|
| Loan amount | $87,120 |
| Principal and interest | $586 |
| Property taxes (0.39% a year) | $35 |
| Homeowners insurance (our estimate, 0.5% a year) | $45 |
| PMI | $0 |
| Total per month | $667 |
Change the numbers in the calculator
| Down payment | $3,812 |
|---|---|
| Loan amount | $106,928 |
| Principal and interest | $719 |
| Property taxes (0.39% a year) | $35 |
| Homeowners insurance (our estimate, 0.5% a year) | $45 |
| FHA mortgage insurance | $48 |
| Total per month | $848 |
Change the numbers in the calculator
Questions about home buying in Kellyton
What is the median home value in Kellyton?
About $108,900 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Kellyton?
Homeowners pay a median $420 a year, which is about 0.39% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Kellyton?
For the median home with 20% down at 7.11%, the payment is about $667 a month. Keeping that under 28% of gross income takes about $28,578 a year.
More about Kellyton
- Mortgage Refinance in Kellyton
- Debt Relief in Kellyton
- Home Equity Loans in Kellyton
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data