Total monthly cost of ownership
Cost to Own a Home in Ladonia, Alabama
A $103,000 home here costs
$936per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $530. The real number is $406 higher every month — 77% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Ladonia against Russell County and Alabama
| Measure | Ladonia | Russell County |
|---|---|---|
| Median home value | $102,900 | $152,300 |
| Median property tax | $378 | $631 |
| Effective tax rate | 0.367% | 0.414% |
| Median gross rent | $1,058 | $898 |
| Population | 3,987 | 58,858 |
The weather behind that power bill
Ladonia sits in Russell County, which averages a high of 92.9°F in its hottest month and a low of 38.2°F in its coldest, with 48.82" of precipitation a year and 28% of it in a single three-month stretch. That climate drives 2,534 cooling and 1,942 heating degree days, which is what sets the $151 electricity line above.
See the full climate breakdown for Russell County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Russell County
No other places of this size are published in Russell County.
Full Russell County cost breakdown · Every county in Alabama
Common questions
How much does it cost to own a home in Ladonia?
A $103,000 home in Ladonia, Alabama costs approximately $936 per month with 20% down at 6.66%. That is $530 principal and interest, $32 property tax, $70 homeowners insurance, $219 utilities and $86 set aside for maintenance.
What is the property tax rate in Ladonia?
Ladonia has an effective property tax rate of 0.367%, based on a median home value of $102,900 and median real estate taxes of $378. That is lower than the Russell County average of 0.414%.
What is the average home price in Ladonia?
The median owner-occupied home value in Ladonia, Alabama is $102,900, against $152,300 across Russell County.
Is it cheaper to rent or buy in Ladonia?
Median gross rent in Ladonia is $1,058 a month, against $936 to own the median home all in. Owning costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Ladonia — 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.