The typical owner-occupied home in Valley Head is worth about $59,800, 72% below the Alabama median of $209,900 and 82% below the national median of $332,700. Owners pay a median $199 a year in property taxes, about 0.33% of their home's value, lower than the Alabama rate of 0.38%. The median household earns $45,889 a year, so the median home costs 1.3 times the median income (3.3 times for Alabama). 87% of occupied homes here are lived in by their owners, and 31% of those owners still have a mortgage.
Valley Head at a glance
| Valley Head | Alabama | U.S. | |
|---|---|---|---|
| Median home value | $59,800 | $209,900 | $332,700 |
| Median property tax paid per year | $199 | $788 | $3,119 |
| Property tax as a share of value | 0.33% | 0.38% | 0.94% |
| Median household income | $45,889 | $63,999 | $80,734 |
| Homes lived in by their owners | 87% | 70% | 65% |
| Owner homes with a mortgage | 31% | 54% | 61% |
| Median monthly costs, owners with a mortgage | $944 | $1,433 | $1,963 |
| Those costs as a share of the owners' income | 35.4% | 19.0% | 21.0% |
| Median rent | $917 | $1,007 | $1,413 |
| Rent as a share of renters' income | 29.1% | 29.5% | 30.6% |
| Median year homes were built | 1990 | 1986 | 1980 |
| Vacant homes | 9.2% | 14.5% | 10.1% |
| Population | 669 | 5,086,768 | 334,922,499 |
What a typical home costs per month in Valley Head
At this week's average 30-year rate of 7.11%, buying the median Valley Head home of $59,800 with 20% down costs about $363 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $463, 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 $15,565 for the 20%-down payment. That payment is 9% of the median Valley Head household income of $45,889; at that income and 20% down, the 28% guideline points to a home of about $176,000.
The median rent here is $917 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $11,960 |
|---|---|
| Loan amount | $47,840 |
| Principal and interest | $322 |
| Property taxes (0.33% a year) | $16 |
| Homeowners insurance (our estimate, 0.5% a year) | $25 |
| PMI | $0 |
| Total per month | $363 |
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| Down payment | $2,093 |
|---|---|
| Loan amount | $58,717 |
| Principal and interest | $395 |
| Property taxes (0.33% a year) | $16 |
| Homeowners insurance (our estimate, 0.5% a year) | $25 |
| FHA mortgage insurance | $26 |
| Total per month | $463 |
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Questions about home buying in Valley Head
What is the median home value in Valley Head?
About $59,800 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Valley Head?
Homeowners pay a median $199 a year, which is about 0.33% 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 Valley Head?
For the median home with 20% down at 7.11%, the payment is about $363 a month. Keeping that under 28% of gross income takes about $15,565 a year.
More about Valley Head
- Mortgage Refinance in Valley Head
- Debt Relief in Valley Head
- Home Equity Loans in Valley Head
- 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