Total monthly cost of ownership
Cost to Own a Home in Union Springs, Alabama
A $77,000 home here costs
$774per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $396. The real number is $378 higher every month — 95% 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.
Union Springs against Bullock County and Alabama
| Measure | Union Springs | Bullock County |
|---|---|---|
| Median home value | $77,300 | $79,400 |
| Median property tax | $509 | $309 |
| Effective tax rate | 0.658% | 0.389% |
| Median gross rent | $659 | $635 |
| Population | 3,287 | 10,157 |
The weather behind that power bill
Union Springs sits in Bullock County, which averages a high of 89.4°F in its hottest month and a low of 34.5°F in its coldest, with 57.19" of precipitation a year and 28% of it in a single three-month stretch. That climate drives 1,900 cooling and 2,471 heating degree days, which is what sets the $151 electricity line above.
See the full climate breakdown for Bullock County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Bullock County
No other places of this size are published in Bullock County.
Full Bullock County cost breakdown · Every county in Alabama
Common questions
How much does it cost to own a home in Union Springs?
A $77,000 home in Union Springs, Alabama costs approximately $774 per month with 20% down at 6.66%. That is $396 principal and interest, $42 property tax, $53 homeowners insurance, $219 utilities and $64 set aside for maintenance.
What is the property tax rate in Union Springs?
Union Springs has an effective property tax rate of 0.658%, based on a median home value of $77,300 and median real estate taxes of $509. That is higher than the Bullock County average of 0.389%.
What is the average home price in Union Springs?
The median owner-occupied home value in Union Springs, Alabama is $77,300, against $79,400 across Bullock County.
Is it cheaper to rent or buy in Union Springs?
Median gross rent in Union Springs is $659 a month, against $774 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 Union Springs — 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.