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These days, finding an affordable place to live in the 36720 area can be challenging. Home prices in 36720 are now at a median cost of $44,100, lower than the Alabama average of $228,911.
The average cost of rent is $564/mo in 36720, primarily driven by the current value of real estate in the 36720 area. In 36720, 16.70% of households rent, and 85.71% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 36720 is $1,598 per month. Households that rent pay about 35.29% of their income on rent here. 36720’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
- 36728, AL: higher priced homes
- 36773, AL: higher priced homes
- 36723, AL: equally priced homes
- 36767, AL: higher priced homes
- 36726, AL: higher priced homes
- 36722, AL: higher priced homes
- 36783, AL: higher priced homes
- 36754, AL: higher priced homes
- 36775, AL: higher priced homes
- 36736, AL: higher priced homes
Zip Codes with Similar Populations
- 87745, NM: higher priced homes
- 23004, VA: higher priced homes
- 23110, VA: higher priced homes
- 24265, VA: higher priced homes
- 24366, VA: higher priced homes
- 24374, VA: higher priced homes
- 24484, VA: higher priced homes
- 31784, GA: higher priced homes
- 80453, CO: higher priced homes
- 80653, CO: higher priced homes
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