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These days, finding an affordable place to live in the 36016 area can be challenging. Home prices in 36016 are now at a median cost of $91,484, lower than the Alabama average of $228,911.
The average cost of rent is $729/mo in 36016, primarily driven by the current value of real estate in the 36016 area. In 36016, 30.33% of households rent, and 68.93% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 36016 is $3,374 per month. Households that rent pay about 21.60% of their income on rent here. 36016’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northern 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
- 36048, AL: equally priced homes
- 36027, AL: higher priced homes
- 36005, AL: equally priced homes
- 39854, GA: equally priced homes
- 36081, AL: higher priced homes
- 36082, AL: higher priced homes
- 39867, GA: equally priced homes
- 36079, AL: higher priced homes
- 39840, GA: higher priced homes
- 36035, AL: higher priced homes
Zip Codes with Similar Populations
- 43222, OH: higher priced homes
- 38257, TN: higher priced homes
- 38330, TN: higher priced homes
- 39328, MS: higher priced homes
- 39641, MS: higher priced homes
- 40828, KY: less expensive homes
- 41004, KY: higher priced homes
- 41007, KY: higher priced homes
- 41314, KY: equally priced homes
- 42327, KY: higher priced homes
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