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These days, finding an affordable place to live in the 35062 area can be challenging. Home prices in 35062 are now at a median cost of $165,323, lower than the Alabama average of $228,911.
The average cost of rent is $1,003/mo in 35062, primarily driven by the current value of real estate in the 35062 area. In 35062, 10.94% of households rent, and 51.73% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 35062 is $6,262 per month. Households that rent pay about 16.01% of their income on rent here. 35062’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southwestern parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 35148, AL: equally priced homes
- 35139, AL: higher priced homes
- 35063, AL: less expensive homes
- 35584, AL: less expensive homes
- 35130, AL: less expensive homes
- 35073, AL: less expensive homes
- 35550, AL: less expensive homes
- 35036, AL: less expensive homes
- 35117, AL: higher priced homes
- 35071, AL: higher priced homes
Zip Codes with Similar Populations
- 11963, NY: higher priced homes
- 03052, NH: higher priced homes
- 08102, NJ: less expensive homes
- 06878, CT: higher priced homes
- 07028, NJ: higher priced homes
- 07033, NJ: higher priced homes
- 07645, NJ: higher priced homes
- 64485, MO: higher priced homes
- 60069, IL: higher priced homes
- 61874, IL: higher priced homes
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