Total monthly cost of ownership
Cost to Own a Home in Moulton, Alabama
A $116,000 home here costs
$1,034per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $596. The real number is $438 higher every month — 73% 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.
Moulton against Lawrence County and Alabama
| Measure | Moulton | Lawrence County |
|---|---|---|
| Median home value | $116,100 | $150,700 |
| Median property tax | $517 | $459 |
| Effective tax rate | 0.445% | 0.305% |
| Median gross rent | $613 | $708 |
| Population | 3,397 | 33,182 |
The weather behind that power bill
Moulton sits in Lawrence County, which averages a high of 88.4°F in its hottest month and a low of 30.0°F in its coldest, with 60.21" of precipitation a year and 29% of it in a single three-month stretch. That climate drives 1,610 cooling and 3,335 heating degree days, which is what sets the $151 electricity line above.
See the full climate breakdown for Lawrence County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Lawrence County
Full Lawrence County cost breakdown · Every county in Alabama
Common questions
How much does it cost to own a home in Moulton?
A $116,000 home in Moulton, Alabama costs approximately $1,034 per month with 20% down at 6.66%. That is $596 principal and interest, $43 property tax, $79 homeowners insurance, $219 utilities and $97 set aside for maintenance.
What is the property tax rate in Moulton?
Moulton has an effective property tax rate of 0.445%, based on a median home value of $116,100 and median real estate taxes of $517. That is higher than the Lawrence County average of 0.305%.
What is the average home price in Moulton?
The median owner-occupied home value in Moulton, Alabama is $116,100, against $150,700 across Lawrence County.
Is it cheaper to rent or buy in Moulton?
Median gross rent in Moulton is $613 a month, against $1,034 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 Moulton — 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.