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These days, finding an affordable place to live in the 36031 area can be challenging. Home prices in 36031 are now at a median cost of $50,500, lower than the Alabama average of $228,911.
The average cost of rent is $738/mo in 36031, primarily driven by the current value of real estate in the 36031 area. In 36031, 12.25% of households rent, and 63.96% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 36031 is $4,330 per month. Households that rent pay about 17.04% of their income on rent here. 36031’s most expensive areas are in the central regions, while the cheapest areas are in the central 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
- 36039, AL: higher priced homes
- 36089, AL: higher priced homes
- 36029, AL: higher priced homes
- 36075, AL: higher priced homes
- 36013, AL: higher priced homes
- 36052, AL: higher priced homes
- 36860, AL: higher priced homes
- 36064, AL: higher priced homes
- 36858, AL: higher priced homes
- 36117, AL: higher priced homes
Zip Codes with Similar Populations
- 07833, NJ: higher priced homes
- 99549, AK: higher priced homes
- 99552, AK: higher priced homes
- 23304, VA: higher priced homes
- 99667, AK: higher priced homes
- 99691, AK: higher priced homes
- 99726, AK: higher priced homes
- 10517, NY: higher priced homes
- 08064, NJ: higher priced homes
- 08038, NJ: higher priced homes
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