Total monthly cost of ownership
Cost to Own a Home in Point Clear, Alabama
A $889,000 home here costs
$6,576per month, all in, with 20% down at today's 7.24% 30-year fixed rate. By the 28% rule that takes a household income of about $282,000 a year.
A standard mortgage calculator would have told you $4,847. The real number is $1,729 higher every month, 36% more than the payment most buyers budget for.
Compare Baldwin County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Point Clear from a five-year rolling sample, and with about 1,858 residents that sample is small. The median home value here carries a much wider margin of error than a big-city figure does, so treat it as indicative rather than exact. The Baldwin County figures are drawn from a far larger sample if you want a steadier number.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Point Clear against Baldwin County and Alabama
| Measure | Point Clear | Baldwin County |
|---|---|---|
| Median home value | $888,700 | $287,000 |
| Median property tax | $1,523 | $881 |
| Effective tax rate | 0.171% | 0.307% |
| Median gross rent | — | $1,211 |
| Population | 1,858 | 239,945 |
The weather behind that power bill
Point Clear sits in Baldwin County, which averages a high of 88.7°F in its hottest month and a low of 39.3°F in its coldest, with 65.76" of precipitation a year and 32% of it in a single three-month stretch. That climate drives 2,193 cooling and 1,800 heating degree days, which is what sets the $187 electricity line above.
See the full climate breakdown for Baldwin County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Baldwin County
Full Baldwin County cost breakdown · Every county in Alabama
Talk to someone who works this market
These are Point Clear 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 Point Clear every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Point Clear I already own here and may sell
Common questions
How much does it cost to own a home in Point Clear?
A $889,000 home in Point Clear, Alabama costs approximately $6,576 per month with 20% down at 7.24%. That is $4,847 principal and interest, $127 property tax, $607 homeowners insurance, $255 utilities and $741 set aside for maintenance.
What is the property tax rate in Point Clear?
Point Clear has an effective property tax rate of 0.171%, based on a median home value of $888,700 and median real estate taxes of $1,523. That is lower than the Baldwin County average of 0.307%.
What is the average home price in Point Clear?
The median owner-occupied home value in Point Clear, Alabama is $888,700, against $287,000 across Baldwin County.
Is it cheaper to rent or buy in Point Clear?
Rent data is not published for Point Clear at this level of detail.
What salary do you need to buy a home in Point Clear?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Point Clear, Alabama at today's rate takes a household income of roughly $282,000 a year. That covers the full $6,576 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Point Clear, 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.