The typical owner-occupied home in Saint Stephens is worth about $130,700, 38% below the Alabama median of $209,900 and 61% below the national median of $332,700. Owners pay a median $343 a year in property taxes, about 0.26% of their home's value, lower than the Alabama rate of 0.38%. The median household earns $63,068 a year, so the median home costs 2.1 times the median income (3.3 times for Alabama). 96% of occupied homes here are lived in by their owners, and 25% of those owners still have a mortgage.
Saint Stephens at a glance
| Saint Stephens | Alabama | U.S. | |
|---|---|---|---|
| Median home value | $130,700 | $209,900 | $332,700 |
| Median property tax paid per year | $343 | $788 | $3,119 |
| Property tax as a share of value | 0.26% | 0.38% | 0.94% |
| Median household income | $63,068 | $63,999 | $80,734 |
| Homes lived in by their owners | 96% | 70% | 65% |
| Owner homes with a mortgage | 25% | 54% | 61% |
| Median monthly costs, owners with a mortgage | – | $1,433 | $1,963 |
| Median rent | – | $1,007 | $1,413 |
| Median year homes were built | 1978 | 1986 | 1980 |
| Vacant homes | 0.0% | 14.5% | 10.1% |
| Population | 297 | 5,086,768 | 334,922,499 |
How much equity Saint Stephens owners could borrow
Home equity is what your home is worth minus what you owe. Most lenders let you borrow until your loans add up to 80% to 85% of the home's value. For the median Saint Stephens home of $130,700, 80% is $104,560.
75% of Saint Stephens owners have no mortgage at all, so they could borrow up to the full 80% limit.
If you instead refinance and take cash out, the whole loan moves to the new rate (this week's 30-year average is 7.11%). A home equity loan or line of credit keeps your current first mortgage, which is usually better when your existing rate is lower than today's.
| Owe nothing | $104,560 to $111,095 |
|---|---|
| Owe $32,675 | $71,885 to $78,420 |
| Owe $65,350 | $39,210 to $45,745 |
| Owe $84,955 | $19,605 to $26,140 |
Before the lender's own limits, fees and your credit and income checks.
Change the numbers in the calculator
Questions about home equity loans in Saint Stephens
What is the median home value in Saint Stephens?
About $130,700 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Saint Stephens?
Homeowners pay a median $343 a year, which is about 0.26% of the median home value. Your bill depends on your home's assessed value and local rates.
How much can I borrow against my home in Saint Stephens?
Usually up to 80% to 85% of your home's value, minus what you owe. On the median home of $130,700, an 80% limit is $104,560 before subtracting your mortgage.
More about Saint Stephens
- Mortgage Refinance in Saint Stephens
- Home Buying in Saint Stephens
- Debt Relief in Saint Stephens
- 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