Total monthly cost of ownership
Cost to Own a Home in Northport, Alabama
A $259,000 home here costs
$2,140per month, all in, with 20% down at today's 7.32% 30-year fixed rate. By the 28% rule that takes a household income of about $91,500 a year.
A standard mortgage calculator would have told you $1,423. The real number is $716 higher every month, 50% more than the payment most buyers budget for.
Compare Tuscaloosa County with anywhere in America · full county breakdown
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Northport against Tuscaloosa County and Alabama
| Measure | Northport | Tuscaloosa County |
|---|---|---|
| Median home value | $258,800 | $233,700 |
| Median property tax | $828 | $754 |
| Effective tax rate | 0.320% | 0.323% |
| Median gross rent | $954 | $997 |
| Population | 30,991 | 234,036 |
The weather behind that power bill
Northport sits in Tuscaloosa County, which averages a high of 92.2°F in its hottest month and a low of 35.2°F in its coldest, with 57.31" of precipitation a year and 29% of it in a single three-month stretch. That climate drives 2,212 cooling and 2,423 heating degree days, which is what sets the $187 electricity line above.
See the full climate breakdown for Tuscaloosa County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Tuscaloosa County
Full Tuscaloosa County cost breakdown · Every county in Alabama
Talk to someone who works this market
These are Northport averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works Northport every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Northport I already own here and may sell
Common questions
How much does it cost to own a home in Northport?
A $259,000 home in Northport, Alabama costs approximately $2,140 per month with 20% down at 7.32%. That is $1,423 principal and interest, $69 property tax, $177 homeowners insurance, $255 utilities and $216 set aside for maintenance.
What is the property tax rate in Northport?
Northport has an effective property tax rate of 0.320%, based on a median home value of $258,800 and median real estate taxes of $828. That is in line with the Tuscaloosa County average of 0.323%.
What is the average home price in Northport?
The median owner-occupied home value in Northport, Alabama is $258,800, against $233,700 across Tuscaloosa County.
Is it cheaper to rent or buy in Northport?
Median gross rent in Northport is $954 a month, against $2,140 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Northport?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Northport, Alabama at today's rate takes a household income of roughly $91,500 a year. That covers the full $2,140 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Northport, 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.