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These days, finding an affordable place to live in the 36616 area can be challenging. Home prices in 36616 are now at a median cost of $48,600, lower than the Alabama average of $228,911.
The average cost of rent is $736/mo in 36616, primarily driven by the current value of real estate in the 36616 area. In 36616, 71.34% of households rent, and 81.25% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 36616 is $2,444 per month. Households that rent pay about 30.12% of their income on rent here. 36616’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
- 36617, AL: higher priced homes
- 36610, AL: higher priced homes
- 36607, AL: higher priced homes
- 36612, AL: higher priced homes
- 36603, AL: higher priced homes
- 36611, AL: higher priced homes
- 36604, AL: higher priced homes
- 36602, AL: higher priced homes
- 36606, AL: higher priced homes
- 36618, AL: higher priced homes
Zip Codes with Similar Populations
- 38958, MS: higher priced homes
- 79232, TX: equally priced homes
- 75978, TX: higher priced homes
- 75261, TX: higher priced homes
- 45061, OH: higher priced homes
- 43510, OH: higher priced homes
- 43007, OH: higher priced homes
- 41526, KY: higher priced homes
- 40803, KY: higher priced homes
- 40492, KY: higher priced homes
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