How much is a home worth in ZIP code 35206?

The typical home in 35206 is worth $104,400, based on the Zillow Home Value Index.

Are home values rising in 35206?

Home values in 35206 are down 3.2% over the past year, and down 0.3% a year over five years.

What is the typical rent in 35206?

A typical home in 35206 rents for about $1,074 a month, a gross rental yield of 12.3%.

What is the property tax rate in 35206?

The effective property tax rate in 35206 is 0.4% — roughly $468 a year on a typical home.

ZIP code 35206 has a population of 15,621 and a median household income of $42,549.

HousingHandbookReference data

…

U.S. ZIP Code · AL35206

Jefferson County · Birmingham, AL

Typical home value

$104,400^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -3.2%
5-year / yr: -0.3%
10-year / yr: +6.2%

Relative price

vs U.S.: -63.2%
vs metro: -53.8%
vs state: -46.7%

Price history

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

The typical home in 35206 is worth $104,400 — 53.8% below the Birmingham, AL median. Over the past year, values have fallen 3.2%. Homes here rent for a typical $1,074 a month — a 12.3% 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: $1,074^[2]
Gross yield: 12.3%^[2]
Cap rate: 7.4%^[2]

#Property tax

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

Effective tax rate: 0.4%^[3]
Typical annual tax: $468^[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: 15,621^[3]
Median household income: $42,549^[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: 2
High: 0

Christian School
Elementary · Grades PK–8 · Birmingham City
587 students
Barrett Elementary School
Elementary · Grades PK–5 · Birmingham City
415 students
Robinson Elementary School
Elementary · Grades PK–5 · Birmingham City
374 students
Ossie Ware Mitchell Middle School
Middle · Grades 6–8 · Birmingham City
312 students
i3 Academy Phase 2
Middle · Grades 6–8 · i3 Academy
298 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 yield12.3%

Net yield (after ~40% expenses)7.4%

Annual rent$12,892

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$528

Loan principal$83,520

Down payment$20,880

Total interest paid$106,525

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 ratio0.61

Monthly cost to own$654

Monthly rent$1,074

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: 6th percentile^[1]
Rental yield: 86th percentile^[2]
Property tax: 72nd percentile^[3]

Frequently asked

How much is a home worth in ZIP code 35206?: The typical home in 35206 is worth $104,400, based on the Zillow Home Value Index.
Are home values rising in 35206?: Home values in 35206 are down 3.2% over the past year, and down 0.3% a year over five years.
What is the typical rent in 35206?: A typical home in 35206 rents for about $1,074 a month, a gross rental yield of 12.3%.
What is the property tax rate in 35206?: The effective property tax rate in 35206 is 0.4% — roughly $468 a year on a typical home.
Who lives in 35206?: ZIP code 35206 has a population of 15,621 and a median household income of $42,549.

#Comparable ZIPs

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

35073 vs 35206 →
Graysville, AL
Typical home
$103,426
Gross yield
—
35578 vs 35206 →
Nauvoo, AL
Typical home
$103,279
Gross yield
—
35579
Oakman, AL
Typical home
$103,019
Gross yield
—
35063
Sipsey, AL
Typical home
$107,793
Gross yield
—
35130
Birmingham, AL
Typical home
$100,897
Gross yield
—
35234
Birmingham, AL
Typical home
$98,375
Gross yield
11.0%

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#Jump to section

U.S. ZIP Code · AL35206

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