Quick facts: Northport, AL

Quick Facts

93
Cost of Living
below US average
31,004
Population
27.77
Crime Rate per 1000
above US average
$72,286
Median Income
below US average
$245,000
Median House Price
above US average
$1436.88
Average Rent
above US average
10%
Poverty Rate
below US average
2.5%
Unemployment Rate
below US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $72,286.

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Income Needed to Buy

βœ— Stretch
$77k/year
Based on $245,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $77k vs median $72,286
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Income Needed to Rent

βœ“ Affordable
$62k/year
Based on $1436.88/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($72,286) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Northport, AL

Northport, Alabama, located adjacent to the city of Tuscaloosa along the Black Warrior River, is a charming small town with a rich history and vibrant community. Known for its picturesque views and friendly atmosphere, Northport offers a blend of southern hospitality and modern amenities. The city features several parks, such as the scenic Sokol Park, which provides walking trails, picnic areas, and playgrounds for families. Northport is also home to a number of local shops, restaurants, and cultural sites, including the historic downtown district that showcases southern architecture and local businesses. Outdoor enthusiasts can enjoy various recreational activities like fishing, boating, and hiking in nearby natural areas. The proximity to Tuscaloosa allows residents easy access to the University of Alabama and its sporting events, cultural offerings, and educational opportunities. With a growing population and an emphasis on community engagement, Northport fosters a strong sense of belonging for its residents. It's a great place for families, students, and anyone looking to experience the unique charm of Alabama's picturesque towns.

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