Total monthly cost of ownership
Cost to Own a Home in Lineville, Alabama
A $146,000 home here costs
$1,225per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $751. The real number is $474 higher every month — 63% 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.
Lineville against Clay County and Alabama
| Measure | Lineville | Clay County |
|---|---|---|
| Median home value | $146,300 | $144,700 |
| Median property tax | $413 | $326 |
| Effective tax rate | 0.282% | 0.225% |
| Median gross rent | $611 | $624 |
| Population | 2,636 | 14,188 |
The weather behind that power bill
Lineville sits in Clay County, which averages a high of 89.8°F in its hottest month and a low of 31.1°F in its coldest, with 59.7" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 1,561 cooling and 2,954 heating degree days, which is what sets the $151 electricity line above.
See the full climate breakdown for Clay County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Clay County
Common questions
How much does it cost to own a home in Lineville?
A $146,000 home in Lineville, Alabama costs approximately $1,225 per month with 20% down at 6.66%. That is $751 principal and interest, $34 property tax, $100 homeowners insurance, $219 utilities and $122 set aside for maintenance.
What is the property tax rate in Lineville?
Lineville has an effective property tax rate of 0.282%, based on a median home value of $146,300 and median real estate taxes of $413. That is higher than the Clay County average of 0.225%.
What is the average home price in Lineville?
The median owner-occupied home value in Lineville, Alabama is $146,300, against $144,700 across Clay County.
Is it cheaper to rent or buy in Lineville?
Median gross rent in Lineville is $611 a month, against $1,225 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 Lineville — 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.