Cost to Own
United StatesAlabamaHenry CountyHeadland Population 5,124 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Headland, Alabama

A $191,000 home here costs

$1,558

per month, all in — with 20% down at today's 6.66% 30-year fixed rate.

A standard mortgage calculator would have told you $982. The real number is $576 higher every month — 59% more than the payment most buyers budget for.

Headland median: $190,700
Under 20% adds PMI
Freddie Mac PMMS
US average household

Where every dollar goes

Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.

Principal & interest30-year fixed, $152,800 borrowed $982
Property tax0.423% effective rate for Headland itself $67
Homeowners insuranceAlabama averages $1,610/yr (NAIC), or 0.819% of home value $130
Electricity16.77¢/kWh — Alabama residential average, EIA $151
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $159
Total monthly $1,558

Headland against Henry County and Alabama

MeasureHeadlandHenry County
Median home value$190,700$147,800
Median property tax$806$506
Effective tax rate0.423%0.342%
Median gross rent$793$770
Population5,12417,450

The weather behind that power bill

Headland sits in Henry County, which averages a high of 93.3°F in its hottest month and a low of 39.8°F in its coldest, with 53.85" of precipitation a year and 32% of it in a single three-month stretch. That climate drives 2,686 cooling and 1,633 heating degree days, which is what sets the $151 electricity line above.

See the full climate breakdown for Henry County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.

Other cities in Henry County

Full Henry County cost breakdown · Every county in Alabama

Common questions

How much does it cost to own a home in Headland?

A $191,000 home in Headland, Alabama costs approximately $1,558 per month with 20% down at 6.66%. That is $982 principal and interest, $67 property tax, $130 homeowners insurance, $219 utilities and $159 set aside for maintenance.

What is the property tax rate in Headland?

Headland has an effective property tax rate of 0.423%, based on a median home value of $190,700 and median real estate taxes of $806. That is higher than the Henry County average of 0.342%.

What is the average home price in Headland?

The median owner-occupied home value in Headland, Alabama is $190,700, against $147,800 across Henry County.

Is it cheaper to rent or buy in Headland?

Median gross rent in Headland is $793 a month, against $1,558 to own the median home all in. Renting costs less month to month here, though renting builds no equity.

Sources & methodology

  • Median home value, real estate taxes, gross rent and population for Headland — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
  • Homeowners insurance — NAIC average premium for Alabama.
  • Electricity price — EIA Electric Power Monthly Table 5.6.A.
  • Mortgage rate — Freddie Mac PMMS, refreshed weekly.
  • Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.

Full methodology