How much is a home worth in ZIP code 35020?

The typical home in 35020 is worth $65,390, based on the Zillow Home Value Index.

Are home values rising in 35020?

Home values in 35020 are up 1.1% over the past year, and up 0.8% a year over five years.

What is the typical rent in 35020?

A typical home in 35020 rents for about $1,091 a month, a gross rental yield of 20.0%.

What is the property tax rate in 35020?

The effective property tax rate in 35020 is 0.4% — roughly $285 a year on a typical home.

ZIP code 35020 has a population of 24,892 and a median household income of $35,362.

HousingHandbookReference data

…

U.S. ZIP Code · AL35020

Jefferson County · Birmingham, AL

Typical home value

$65,390^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +1.1%
5-year / yr: +0.8%
10-year / yr: +6.0%

Relative price

vs U.S.: -77.0%
vs metro: -71.1%
vs state: -66.6%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 35020 is worth $65,390 — 71.1% below the Birmingham, AL median. Over the past year, values have risen 1.1%. Homes here rent for a typical $1,091 a month — a 20.0% gross rental yield. The effective property tax rate is 0.4%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $1,091^[2]
Gross yield: 20.0%^[2]
Cap rate: 12.0%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 0.4%^[3]
Typical annual tax: $285^[3]

#Climate risk

FEMA National Risk Index ratings for Jefferson County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively High^[4]
Riverine flood: Relatively High
Coastal flood: Not Applicable
Wildfire: Relatively Low
Drought: Very Low
Heat wave: Relatively High
Hurricane: Relatively Low
Tornado: Very High
Earthquake: Relatively Moderate
Winter weather: Relatively Moderate

#Who lives here

Population: 24,892^[3]
Median household income: $35,362^[3]

#Migration

Household moves in and out of Jefferson County over a year, from IRS tax-return data.

Net migration: -1,053^[5]
Moved in: 13,199
Moved out: 14,252

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 9
Elementary: 6
Middle: 1
High: 1

Bessemer City Middle School
Middle · Grades 6–8 · Bessemer City
648 students
Jonesboro Elementary School
Elementary · Grades PK–5 · Bessemer City
509 students
Brighton School
Elementary · Grades PK–8 · Jefferson County
358 students
Charles F Hard Elementary School
Elementary · Grades PK–5 · Bessemer City
350 students
Empower Community School
Elementary · Grades K–7 · Empower Community School
302 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield20.0%

Net yield (after ~40% expenses)12.0%

Annual rent$13,090

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$331

Loan principal$52,312

Down payment$13,078

Total interest paid$66,721

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio0.38

Monthly cost to own$409

Monthly rent$1,091

Owning is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 13th percentile^[1]
Rental yield: 100th percentile^[2]
Property tax: 71st percentile^[3]

Rankings

Top-10 lists this ZIP code appears on.

4th for highest rental yield in ALView list →

Frequently asked

How much is a home worth in ZIP code 35020?: The typical home in 35020 is worth $65,390, based on the Zillow Home Value Index.
Are home values rising in 35020?: Home values in 35020 are up 1.1% over the past year, and up 0.8% a year over five years.
What is the typical rent in 35020?: A typical home in 35020 rents for about $1,091 a month, a gross rental yield of 20.0%.
What is the property tax rate in 35020?: The effective property tax rate in 35020 is 0.4% — roughly $285 a year on a typical home.
Who lives in 35020?: ZIP code 35020 has a population of 24,892 and a median household income of $35,362.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

35221 vs 35020 →
Birmingham, AL
Typical home
$60,817
Gross yield
—
35204 vs 35020 →
Birmingham, AL
Typical home
$70,254
Gross yield
14.8%
35224
Birmingham, AL
Typical home
$71,092
Gross yield
—
35218
Birmingham, AL
Typical home
$72,661
Gross yield
16.8%
35207
Birmingham, AL
Typical home
$57,645
Gross yield
—
35211
Birmingham, AL
Typical home
$75,622
Gross yield
20.0%

Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →

Compare ZIPs

Pit ZIP 35020 against any other ZIP — full side-by-side table.

Compare 35020 →

#Jump to section

U.S. ZIP Code · AL35020

Get more data on ZIPs like this

Get more data on ZIPs like this