How much is a home worth in ZIP code 35228?

The typical home in 35228 is worth $81,988, based on the Zillow Home Value Index.

Are home values rising in 35228?

Home values in 35228 are up 2.5% over the past year, and up 2.3% a year over five years.

What is the typical rent in 35228?

A typical home in 35228 rents for about $1,162 a month, a gross rental yield of 17.0%.

What is the property tax rate in 35228?

The effective property tax rate in 35228 is 0.7% — roughly $542 a year on a typical home.

ZIP code 35228 has a population of 10,216 and a median household income of $50,815.

HousingHandbookReference data

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U.S. ZIP Code · AL35228

Jefferson County · Birmingham, AL

Typical home value

$81,988^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +2.5%
5-year / yr: +2.3%
10-year / yr: +5.5%

Relative price

vs U.S.: -71.1%
vs metro: -63.7%
vs state: -58.2%

Price history

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

The typical home in 35228 is worth $81,988 — 63.7% below the Birmingham, AL median. Over the past year, values have risen 2.5%. Homes here rent for a typical $1,162 a month — a 17.0% gross rental yield. The effective property tax rate is 0.7%.

#Rent & investment

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

Monthly rent: $1,162^[2]
Gross yield: 17.0%^[2]
Cap rate: 10.2%^[2]

#Property tax

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

Effective tax rate: 0.7%^[3]
Typical annual tax: $542^[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: 10,216^[3]
Median household income: $50,815^[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: 1
Middle: 2
High: 2

Midfield Elementary School
Elementary · Grades PK–4 · Midfield City
384 students
Midfield High School
High · Grades 9–12 · Midfield City
335 students
Green Acres Middle School
Middle · Grades 6–8 · Birmingham City
326 students
Rutledge School
Middle · Grades 5–8 · Midfield City
314 students
Midfield Area Vocational Department
High · Grades 9–12 · Midfield 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 yield17.0%

Net yield (after ~40% expenses)10.2%

Annual rent$13,946

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$415

Loan principal$65,590

Down payment$16,398

Total interest paid$83,657

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 ratio0.45

Monthly cost to own$528

Monthly rent$1,162

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: 24th percentile^[1]
Rental yield: 96th percentile^[2]
Property tax: 93rd percentile^[3]

Rankings

Top-10 lists this ZIP code appears on.

7th for highest rental yield in ALView list →

Frequently asked

How much is a home worth in ZIP code 35228?: The typical home in 35228 is worth $81,988, based on the Zillow Home Value Index.
Are home values rising in 35228?: Home values in 35228 are up 2.5% over the past year, and up 2.3% a year over five years.
What is the typical rent in 35228?: A typical home in 35228 rents for about $1,162 a month, a gross rental yield of 17.0%.
What is the property tax rate in 35228?: The effective property tax rate in 35228 is 0.7% — roughly $542 a year on a typical home.
Who lives in 35228?: ZIP code 35228 has a population of 10,216 and a median household income of $50,815.

#Comparable ZIPs

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

35208 vs 35228 →
Birmingham, AL
Typical home
$81,583
Gross yield
16.3%
35217 vs 35228 →
Tarrant, AL
Typical home
$80,822
Gross yield
16.8%
35211
Birmingham, AL
Typical home
$75,622
Gross yield
20.0%
35218
Birmingham, AL
Typical home
$72,661
Gross yield
16.8%
35580
Parrish, AL
Typical home
$92,330
Gross yield
—
35224
Birmingham, AL
Typical home
$71,092
Gross yield
—

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Pit ZIP 35228 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · AL35228

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