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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 $103,248, lower than the Alabama average of $185,232.
The average cost of rent is $689/mo in 36016, primarily driven by the current value of real estate in the 36016 area. While nearly 56.65% of residents own their homes outright in 36016, 34.30% rent.
Housing affordability isn’t just about home prices, though. The average household income in 36016 is $3,560 per month. Households that rent pay about 19.36% of their income on rent here. 36016's most expensive areas are in the southwestern regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 36048, AL: higher priced homes
- 36027, AL: higher priced homes
- 36005, AL: higher priced homes
- 39854, GA: less expensive homes
- 36081, AL: higher priced homes
- 36082, AL: higher priced homes
- 39867, GA: less expensive homes
- 36079, AL: higher priced homes
- 39840, GA: less expensive homes
- 36035, AL: equally priced homes
Zip Codes with Similar Populations
- 43222, OH: less expensive homes
- 38257, TN: equally priced homes
- 38330, TN: equally priced homes
- 39328, MS: less expensive homes
- 39641, MS: equally priced homes
- 40828, KY: less expensive homes
- 41004, KY: less expensive homes
- 41007, KY: higher priced homes
- 41314, KY: less expensive homes
- 42327, KY: higher priced homes
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