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ZipNumbers

Alabama · Census place 25240

Fairhope city, AL

Quick answer

Fairhope city has 23,360 residents, ranking #26 of 593 places in Alabama. Median household income is $86,509, the median home is worth $406,500 and median gross rent runs $1,637 a month.

Population
23,360Fairhope city residents
Median household income
$86,509Past 12 months, inflation adjusted
Median home value
$406,500Owner-occupied units
Median gross rent
$1,637Rent plus utilities, monthly
Median age
47.1 yrsAll residents
Homeownership rate
81.6%Owner-occupied households

What the numbers mean in Fairhope city

Housing cost measured against local earnings.

A household earning the Fairhope city median would spend about 22.7% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 4.7× the median household income; nationally that ratio sits near 4.5×. Poverty affects 9.6% of residents and 81.6% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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