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These days, finding an affordable place to live in the 36861 area can be challenging. Home prices in 36861 are now at a median cost of $308,816, higher than the Alabama average of $228,911.
The average cost of rent is $707/mo in 36861, primarily driven by the current value of real estate in the 36861 area. In 36861, 8.94% of households rent, and 51.53% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 36861 is $5,976 per month. Households that rent pay about 11.82% of their income on rent here. 36861’s most expensive areas are in the southern regions, while the cheapest areas are in the northeastern 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
- 36853, AL: equally priced homes
- 35010, AL: less expensive homes
- 36850, AL: less expensive homes
- 35089, AL: less expensive homes
- 36026, AL: higher priced homes
- 36862, AL: less expensive homes
- 35136, AL: less expensive homes
- 36852, AL: less expensive homes
- 36863, AL: less expensive homes
- 36854, AL: less expensive homes
Zip Codes with Similar Populations
- 84761, UT: equally priced homes
- 24421, VA: higher priced homes
- 23336, VA: higher priced homes
- 23146, VA: higher priced homes
- 21034, MD: higher priced homes
- 18051, PA: higher priced homes
- 16651, PA: less expensive homes
- 75975, TX: less expensive homes
- 16925, PA: less expensive homes
- 63877, MO: less expensive homes
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