The typical owner-occupied home in Dallas County is worth about $94,600, 55% below the Alabama median of $209,900 and 72% below the national median of $332,700. Owners pay a median $392 a year in property taxes, about 0.41% of their home's value, higher than the Alabama rate of 0.38%. The median household earns $35,627 a year, so the median home costs 2.7 times the median income (3.3 times for Alabama). 64% of occupied homes here are lived in by their owners, and 30% of those owners still have a mortgage.
Dallas County at a glance
| Dallas County | Alabama | U.S. | |
|---|---|---|---|
| Median home value | $94,600 | $209,900 | $332,700 |
| Median property tax paid per year | $392 | $788 | $3,119 |
| Property tax as a share of value | 0.41% | 0.38% | 0.94% |
| Median household income | $35,627 | $63,999 | $80,734 |
| Homes lived in by their owners | 64% | 70% | 65% |
| Owner homes with a mortgage | 30% | 54% | 61% |
| Median monthly costs, owners with a mortgage | $1,136 | $1,433 | $1,963 |
| Those costs as a share of the owners' income | 22.9% | 19.0% | 21.0% |
| Median rent | $733 | $1,007 | $1,413 |
| Rent as a share of renters' income | 39.1% | 29.5% | 30.6% |
| Median year homes were built | 1977 | 1986 | 1980 |
| Vacant homes | 15.8% | 14.5% | 10.1% |
| Population | 36,858 | 5,086,768 | 334,922,499 |
What a typical home costs per month in Dallas County
At this week's average 30-year rate of 7.11%, buying the median Dallas County home of $94,600 with 20% down costs about $581 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $738, 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 $24,893 for the 20%-down payment. That payment is 20% of the median Dallas County household income of $35,627; at that income and 20% down, the 28% guideline points to a home of about $135,000.
The median rent here is $733 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $18,920 |
|---|---|
| Loan amount | $75,680 |
| Principal and interest | $509 |
| Property taxes (0.41% a year) | $32 |
| Homeowners insurance (our estimate, 0.5% a year) | $39 |
| PMI | $0 |
| Total per month | $581 |
Change the numbers in the calculator
| Down payment | $3,311 |
|---|---|
| Loan amount | $92,887 |
| Principal and interest | $625 |
| Property taxes (0.41% a year) | $32 |
| Homeowners insurance (our estimate, 0.5% a year) | $39 |
| FHA mortgage insurance | $42 |
| Total per month | $738 |
Change the numbers in the calculator
Questions about home buying in Dallas County
What is the median home value in Dallas County?
About $94,600 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Dallas County?
Homeowners pay a median $392 a year, which is about 0.41% 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 Dallas County?
For the median home with 20% down at 7.11%, the payment is about $581 a month. Keeping that under 28% of gross income takes about $24,893 a year.
More about Dallas County
- Mortgage Refinance in Dallas County
- Debt Relief in Dallas County
- Home Equity Loans in Dallas County
- 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