HousingHandbookReference data

U.S. ZIP Code · AL35204

Jefferson County · Birmingham, AL

Typical home value

$70,254[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+7.5%
5-year / yr
+5.2%
10-year / yr
+8.6%

Relative price

vs U.S.
-75.3%
vs metro
-68.9%
vs state
-64.2%
ZIP 35204 location in AL
Location of ZIP 35204 in AL

Price history

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

The typical home in 35204 is worth $70,254 — 68.9% below the Birmingham, AL median. Over the past year, values have risen 7.5%. Homes here rent for a typical $865 a month — a 14.8% gross rental yield. The effective property tax rate is 0.3%.

#Rent & investment

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

Monthly rent
$865[2]
Gross yield
14.8%[2]
Cap rate
8.9%[2]

#Property tax

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

Effective tax rate
0.3%[3]
Typical annual tax
$239[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
8,953[3]
Median household income
$35,420[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
4
Elementary
1
Middle
2
High
1
  • Parker High School

    High · Grades 9–12 · Birmingham City

    854 students

  • Tuggle Elementary School

    Elementary · Grades PK–5 · Birmingham City

    454 students

  • Wilkerson Middle School

    Middle · Grades 6–8 · Birmingham City

    425 students

  • City Elementary

    Middle · Grades 7–8 · Birmingham 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.

Gross yield14.8%
Net yield (after ~40% expenses)8.9%
Annual rent$10,377

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.

Monthly payment$355
Loan principal$56,204
Down payment$14,051
Total interest paid$71,684

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.

Own : rent ratio0.50
Monthly cost to own$434
Monthly rent$865

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
93rd percentile[1]
Rental yield
88th percentile[2]
Property tax
49th percentile[3]

Rankings

Top-10 lists this ZIP code appears on.

Frequently asked

How much is a home worth in ZIP code 35204?
The typical home in 35204 is worth $70,254, based on the Zillow Home Value Index.
Are home values rising in 35204?
Home values in 35204 are up 7.5% over the past year, and up 5.2% a year over five years.
What is the typical rent in 35204?
A typical home in 35204 rents for about $865 a month, a gross rental yield of 14.8%.
What is the property tax rate in 35204?
The effective property tax rate in 35204 is 0.3% — roughly $239 a year on a typical home.
Who lives in 35204?
ZIP code 35204 has a population of 8,953 and a median household income of $35,420.

#Comparable ZIPs

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

  • Birmingham, AL

    Typical home
    $71,092
    Gross yield
  • Birmingham, AL

    Typical home
    $72,661
    Gross yield
    16.8%
  • Bessemer, AL

    Typical home
    $65,390
    Gross yield
    20.0%
  • Birmingham, AL

    Typical home
    $75,622
    Gross yield
    20.0%
  • Birmingham, AL

    Typical home
    $60,817
    Gross yield
  • Tarrant, AL

    Typical home
    $80,822
    Gross yield
    16.8%

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