The median home value in Fairhope, AL is $420,700. This is higher than the county median home value of $357,700. The national median home value is $338,100. The average price of homes sold in Fairhope, AL is $420,700. Approximately 72.82% of Fairhope homes are owned, compared to 14.91% rented, while 12.27% are vacant. Fairhope real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you're interested in, contact a Fairhope real estate agent to arrange a tour today!
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Fairhope has a population of approximately 21,825 and experiences a population change rate of 74.88%. The population density is 1,572.6 / sq mi.
The median household income for Fairhope is $83,258, with 8,119 households and an average household size of 2.67.
The cost of living index in Fairhope is 108.3%.
The median value of a home in Fairhope is $420,700 with an appreciation rate of 15.3%. 72.8% of housing in the city is owned while 14.9% is rented.
The unemployment rate in Fairhope is 1.60%, and recent job growth is at 2.06%. Future job growth is projected at 48.30%.
The sales tax rate in Fairhope is 9.50%, while the income tax rate is 5.00%.
School expenditures in Fairhope are $12,984, and the school ratio is 17.7:1.
The average high temperature in July is 90.4 degrees, with an average low temperature in January of 38.3 degrees. The average rainfall is approximately 66.9 inches per year, with 0 inches of snow per year.
| Metric | City | County |
|---|---|---|
| High School Graduates | 95.24 | 91.01 |
| College Degree - 2 year | 8.02 | 9.47 |
| College Degree - 4 year | 54.01 | 32.45 |
| Graduate Degree | 16.57 | 8.57 |
| Expenditures per Student | $12,984 | $12,984 |
| Students per Teacher | 17.70 | 17.70 |
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| Daphne East Elementary School | KG - 06 | 1007 | 19.5 | 36526 |
| Daphne Elementary School | KG - 03 | 685 | 17.2 | 36526 |
| Fairhope Primary School | PK - 03 | 1070 | 18.5 | 36532 |
| Foley Elementary School | KG - 04 | 1370 | 18.3 | 36535 |
| J Larry Newton School | KG - 06 | 622 | 16.6 | 36532 |
| Magnolia School | PK - 06 | 700 | 17.8 | 36535 |
| Silverhill School | PK - 06 | 432 | 16.5 | 36576 |
| Summerdale School | PK - 08 | 507 | 15.6 | 36580 |
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| Central Baldwin Middle School | 07 - 08 | 620 | 16.5 | 36576 |
| Daphne Middle School | 07 - 08 | 614 | 20.5 | 36526 |
| Fairhope Intermediate School | 04 - 06 | 815 | 22.1 | 36532 |
| Fairhope K-1 Center | PK - KG | 276 | null | 36532 |
| Fairhope Middle School | 07 - 08 | 760 | 19.6 | 36532 |
| Foley Intermediate School | 05 - 06 | 441 | 21 | 36535 |
| Foley Middle School | 07 - 08 | 683 | 18.9 | 36535 |
| W J Carroll Intermediate School | 04 - 06 | 492 | 19.2 | 36526 |
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| Daphne High School | 09 - 12 | 1235 | 18.6 | 36526 |
| Fairhope High School | 09 - 12 | 1469 | 18.2 | 36532 |
| Foley High School | 09 - 12 | 1818 | 18.6 | 36535 |