How much is a home worth in ZIP code 35022?

The typical home in 35022 is worth $281,101, based on the Zillow Home Value Index.

Are home values rising in 35022?

Home values in 35022 are up 2.0% over the past year, and up 4.5% a year over five years.

What is the typical rent in 35022?

A typical home in 35022 rents for about $2,039 a month, a gross rental yield of 8.7%.

What is the property tax rate in 35022?

The effective property tax rate in 35022 is 0.5% — roughly $1,381 a year on a typical home.

ZIP code 35022 has a population of 23,126 and a median household income of $81,846.

HousingHandbookReference data

…

U.S. ZIP Code · AL35022

Jefferson County · Birmingham, AL

Typical home value

$281,101^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +2.0%
5-year / yr: +4.5%
10-year / yr: +5.2%

Relative price

vs U.S.: -1.0%
vs metro: +24.3%
vs state: +43.4%

Price history

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

The typical home in 35022 is worth $281,101 — 24.3% above the Birmingham, AL median. Over the past year, values have risen 2.0%. Homes here rent for a typical $2,039 a month — a 8.7% gross rental yield. The effective property tax rate is 0.5%.

#Rent & investment

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

Monthly rent: $2,039^[2]
Gross yield: 8.7%^[2]
Cap rate: 5.2%^[2]

#Property tax

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

Effective tax rate: 0.5%^[3]
Typical annual tax: $1,381^[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: 23,126^[3]
Median household income: $81,846^[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: 5
Elementary: 3
Middle: 0
High: 2

Bessemer City High School
High · Grades 9–12 · Bessemer City
805 students
McCalla Elementary School
Elementary · Grades PK–5 · Jefferson County
765 students
Westhills Elementary School
Elementary · Grades K–5 · Bessemer City
297 students
Greenwood Elementary School
Elementary · Grades K–5 · Bessemer City
295 students
Bessemer Center For Technology
High · Grades 9–12 · Bessemer City
—

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 yield8.7%

Net yield (after ~40% expenses)5.2%

Annual rent$24,463

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$1,421

Loan principal$224,881

Down payment$56,220

Total interest paid$286,824

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 ratio0.87

Monthly cost to own$1,770

Monthly rent$2,039

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: 70th percentile^[1]
Rental yield: 67th percentile^[2]
Property tax: 84th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 35022?: The typical home in 35022 is worth $281,101, based on the Zillow Home Value Index.
Are home values rising in 35022?: Home values in 35022 are up 2.0% over the past year, and up 4.5% a year over five years.
What is the typical rent in 35022?: A typical home in 35022 rents for about $2,039 a month, a gross rental yield of 8.7%.
What is the property tax rate in 35022?: The effective property tax rate in 35022 is 0.5% — roughly $1,381 a year on a typical home.
Who lives in 35022?: ZIP code 35022 has a population of 23,126 and a median household income of $81,846.

#Comparable ZIPs

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

35078 vs 35022 →
Harpersville, AL
Typical home
$283,110
Gross yield
—
35210 vs 35022 →
Irondale, AL
Typical home
$275,159
Gross yield
8.3%
35111
McCalla CDP, AL
Typical home
$287,711
Gross yield
7.6%
35035
Wilton, AL
Typical home
$288,293
Gross yield
—
35071
Gardendale, AL
Typical home
$272,229
Gross yield
8.4%
35007
Alabaster, AL
Typical home
$292,438
Gross yield
7.4%

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

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Pit ZIP 35022 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · AL35022

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