The typical owner-occupied home in Northport is worth about $282,600, 35% above the Alabama median of $209,900 and 15% below the national median of $332,700. Owners pay a median $883 a year in property taxes, about 0.31% of their home's value, lower than the Alabama rate of 0.38%. The median household earns $80,913 a year, so the median home costs 3.5 times the median income (3.3 times for Alabama). 62% of occupied homes here are lived in by their owners, and 71% of those owners still have a mortgage.
Northport at a glance
| Northport | Alabama | U.S. | |
|---|---|---|---|
| Median home value | $282,600 | $209,900 | $332,700 |
| Median property tax paid per year | $883 | $788 | $3,119 |
| Property tax as a share of value | 0.31% | 0.38% | 0.94% |
| Median household income | $80,913 | $63,999 | $80,734 |
| Homes lived in by their owners | 62% | 70% | 65% |
| Owner homes with a mortgage | 71% | 54% | 61% |
| Median monthly costs, owners with a mortgage | $1,602 | $1,433 | $1,963 |
| Those costs as a share of the owners' income | 17.3% | 19.0% | 21.0% |
| Median rent | $982 | $1,007 | $1,413 |
| Rent as a share of renters' income | 26.4% | 29.5% | 30.6% |
| Median year homes were built | 1992 | 1986 | 1980 |
| Vacant homes | 5.2% | 14.5% | 10.1% |
| Population | 31,218 | 5,086,768 | 334,922,499 |
What a typical home costs per month in Northport
At this week's average 30-year rate of 7.11%, buying the median Northport home of $282,600 with 20% down costs about $1,712 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,182, 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 $73,355 for the 20%-down payment. That payment is 25% of the median Northport household income of $80,913; at that income and 20% down, the 28% guideline points to a home of about $312,000.
The median rent here is $982 a month, so owning the median home costs about $730 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $56,520 |
|---|---|
| Loan amount | $226,080 |
| Principal and interest | $1,521 |
| Property taxes (0.31% a year) | $73 |
| Homeowners insurance (our estimate, 0.5% a year) | $118 |
| PMI | $0 |
| Total per month | $1,712 |
Change the numbers in the calculator
| Down payment | $9,891 |
|---|---|
| Loan amount | $277,481 |
| Principal and interest | $1,867 |
| Property taxes (0.31% a year) | $73 |
| Homeowners insurance (our estimate, 0.5% a year) | $118 |
| FHA mortgage insurance | $125 |
| Total per month | $2,182 |
Change the numbers in the calculator
Questions about home buying in Northport
What is the median home value in Northport?
About $282,600 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Northport?
Homeowners pay a median $883 a year, which is about 0.31% 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 Northport?
For the median home with 20% down at 7.11%, the payment is about $1,712 a month. Keeping that under 28% of gross income takes about $73,355 a year.
More about Northport
- Mortgage Refinance in Northport
- Debt Relief in Northport
- Home Equity Loans in Northport
- 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