How much do homeowners pay a month in Double Springs, AL?
Homeowners with a mortgage in Double Springs, AL pay a median of $1,262 (±$314) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $485 (±$59).
42.8% of owned homes carry a mortgage.
In Double Springs, the median monthly cost with a mortgage went from $1,162 in 2015–2019 to $1,262 in 2020–2024 (+8.6%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- With a mortgage
- $1,262 (±$314)
- Without a mortgage
- $485 (±$59)
- Owned with a mortgage
- 42.8%
Monthly owner costs in Double Springs
| Double Springs | Winston County | Alabama | United States | |
|---|---|---|---|---|
| With a mortgage | $1,262 (±$314) | $1,275 (±$77) | $1,433 (±$8) | $1,963 |
| Without a mortgage | $485 (±$59) | $406 (±$30) | $447 (±$2) | $638 |
| Owned homes with a mortgage | 42.8% (±13.9 points) | 38.7% (±4.2 points) | 54.1% (±0.3 points) | 60.6% |
| Median real estate taxes (a year) | $384 (±$116) | $380 (±$30) | $788 (±$6) | $3,119 |
Selected monthly owner costs are the mortgage payment, property taxes, insurance, utilities, fuels and any condominium or mobile-home fees.
In Double Springs, the median cost with a mortgage is not measurably different from Winston County ($1,275).
It is not measurably different from Alabama ($1,433).
It is lower than the national figure ($1,963).
In Winston County, Double Springs ranks 2 of 5 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 219 of 482.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Double Springs have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $1,162 (±$588) | $1,262 (±$314) | +8.6% | No measurable change after inflation |
| Median real estate taxes | $448 (±$211) | $384 (±$116) | −14.3% | No measurable change after inflation |
| Median home value | $93,600 (±$13,430) | $153,500 (±$61,795) | +64.0% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median monthly cost with a mortgage in places near Double Springs
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Double Springs | — | $1,262 (±$314) | — |
| Arley | 11 mi | $1,025 (±$257) | Not measurably different |
| Lynn | 11 mi | $1,336 (±$163) | Not measurably different |
| Addison | 13 mi | $1,031 (±$249) | Not measurably different |
| Nauvoo | 13 mi | $1,250 (±$456) | Not measurably different |
| Haleyville | 14 mi | $1,071 (±$88) | Not measurably different |
| Carbon Hill | 19 mi | $983 (±$386) | Not measurably different |
| Bear Creek | 20 mi | $1,034 (±$517) | Not measurably different |
| Jasper | 22 mi | $1,518 (±$147) | Not measurably different |
None of the nearby places differs measurably from this one on this figure.
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Winston County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 1 | Lynn | $1,336 (±$163) |
| 2 | Double Springs | $1,262 (±$314) |
| 3 | Haleyville | $1,071 (±$88) |
| 4 | Addison | $1,031 (±$249) |
| 5 | Arley | $1,025 (±$257) |
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Double Springs
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Double Springs beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Double Springs, save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near Double Springs, and send estimates and invoices from your phone.
Questions about Double Springs
What is the average mortgage payment in Double Springs?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Double Springs, AL is $1,262 (±$314) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Double Springs?
Owners without a mortgage in Double Springs pay a median of $485 (±$59) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Double Springs gone up?
In Double Springs, the median monthly cost with a mortgage went from $1,162 in 2015–2019 to $1,262 in 2020–2024 (+8.6%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Double Springs town, Alabama
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Double Springs town, Alabama
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Double Springs town, Alabama
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Double Springs town, Alabama
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Double Springs town, Alabama
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Double Springs town, Alabama (place:21280, in state:01).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25088_002E, B25088_002M, B25103_001E, B25103_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP04_0101E, DP04_0101M, DP04_0109E, DP04_0109M, DP04_0091PE, DP04_0091PM, B25103_001E, B25103_001M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Double Springs at a glance
- Renters and owners in Double Springs
- Income and affordability in Double Springs
- Home values in Double Springs
- Property taxes in Double Springs
- Types of homes in Double Springs
- Bedrooms in Double Springs
- Age of homes in Double Springs
- Heating fuel in Double Springs
- Commute and cars in Double Springs
- Crime reported to police in Double Springs
- Population growth in Double Springs
- How long people stay in Double Springs
- Alabama landlord and tenant rules
- Housing across Winston County
- Housing data for every place in Alabama