Fairhope, AL
24,190Residents
$94,274Median household income
$1,689/moMedian gross rent
$430,900Median home value
48.2Median age
54%Adults with a bachelor’s degree or higher
80%Homes lived in by their owners
4.6×Home value to household income
Median rent takes about 21% of the median household income in Fairhope.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $68,000 a year. In Alabama that leaves roughly $4,467 a month after tax. See the full paycheck breakdown for $70,000.
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Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.