HousingHandbookReference data

U.S. ZIP Code · AL35235

Jefferson County · Birmingham, AL

Typical home value

$186,439[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-0.1%
5-year / yr
+3.3%
10-year / yr
+5.4%

Relative price

vs U.S.
-34.4%
vs metro
-17.5%
vs state
-4.9%
ZIP 35235 location in AL
Location of ZIP 35235 in AL

Price history

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

The typical home in 35235 is worth $186,439 — 17.5% below the Birmingham, AL median. Over the past year, values have fallen 0.1%. Homes here rent for a typical $1,414 a month — a 9.1% 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
$1,414[2]
Gross yield
9.1%[2]
Cap rate
5.5%[2]

#Property tax

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

Effective tax rate
0.5%[3]
Typical annual tax
$944[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
20,526[3]
Median household income
$63,295[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

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 yield9.1%
Net yield (after ~40% expenses)5.5%
Annual rent$16,963

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$943
Loan principal$149,151
Down payment$37,288
Total interest paid$190,234

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 ratio0.83
Monthly cost to own$1,177
Monthly rent$1,414

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
40th percentile[1]
Rental yield
71st percentile[2]
Property tax
85th percentile[3]

Frequently asked

How much is a home worth in ZIP code 35235?
The typical home in 35235 is worth $186,439, based on the Zillow Home Value Index.
Are home values rising in 35235?
Home values in 35235 are down 0.1% over the past year, and up 3.3% a year over five years.
What is the typical rent in 35235?
A typical home in 35235 rents for about $1,414 a month, a gross rental yield of 9.1%.
What is the property tax rate in 35235?
The effective property tax rate in 35235 is 0.5% — roughly $944 a year on a typical home.
Who lives in 35235?
ZIP code 35235 has a population of 20,526 and a median household income of $63,295.

#Comparable ZIPs

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

  • Brent, AL

    Typical home
    $183,637
    Gross yield
  • Trafford, AL

    Typical home
    $182,137
    Gross yield
  • Steele, AL

    Typical home
    $191,319
    Gross yield
  • Dora, AL

    Typical home
    $180,054
    Gross yield
  • West Blocton, AL

    Typical home
    $193,109
    Gross yield
  • Maplesville, AL

    Typical home
    $178,500
    Gross yield

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