HousingHandbookReference data

U.S. ZIP Code · AL35550

Walker County · Birmingham, AL

Typical home value

$94,079[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-5.0%
5-year / yr
-1.8%
10-year / yr
+2.3%

Relative price

vs U.S.
-66.9%
vs metro
-58.4%
vs state
-52.0%
ZIP 35550 location in AL
Location of ZIP 35550 in AL

Price history

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

The typical home in 35550 is worth $94,079 — 58.4% below the Birmingham, AL median. Over the past year, values have fallen 5.0%. 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
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

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

Effective tax rate
0.3%[3]
Typical annual tax
$255[3]

#Climate risk

FEMA National Risk Index ratings for Walker County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively Moderate[4]
Riverine flood
Relatively Moderate
Coastal flood
Not Applicable
Wildfire
Very Low
Drought
Relatively Low
Heat wave
Relatively Moderate
Hurricane
Very Low
Tornado
Relatively High
Earthquake
Relatively Low
Winter weather
Relatively Moderate

#Who lives here

Population
4,806[3]
Median household income
$42,216[3]

#Migration

Household moves in and out of Walker County over a year, from IRS tax-return data.

Net migration
+164[5]
Moved in
1,164
Moved out
1,000

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
3
Elementary
1
Middle
1
High
1
  • Cordova High School

    High · Grades 9–12 · Walker County

    462 students

  • Cordova Elementary School

    Elementary · Grades PK–4 · Walker County

    366 students

  • Bankhead Middle School

    Middle · Grades 5–8 · Walker County

    277 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.

Gross yield
Net yield (after ~40% expenses)
Annual rent

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$476
Loan principal$75,263
Down payment$18,816
Total interest paid$95,994

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 ratio
Monthly cost to own$575
Monthly rent

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
1st percentile[1]
Rental yield
[2]
Property tax
32nd percentile[3]

Frequently asked

How much is a home worth in ZIP code 35550?
The typical home in 35550 is worth $94,079, based on the Zillow Home Value Index.
Are home values rising in 35550?
Home values in 35550 are down 5.0% over the past year, and down 1.8% a year over five years.
What is the property tax rate in 35550?
The effective property tax rate in 35550 is 0.3% — roughly $255 a year on a typical home.
Who lives in 35550?
ZIP code 35550 has a population of 4,806 and a median household income of $42,216.

#Comparable ZIPs

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

  • Fairfield, AL

    Typical home
    $93,677
    Gross yield
  • Parrish, AL

    Typical home
    $92,330
    Gross yield
  • Birmingham, AL

    Typical home
    $98,283
    Gross yield
  • Birmingham, AL

    Typical home
    $98,375
    Gross yield
    11.0%
  • Birmingham, AL

    Typical home
    $100,897
    Gross yield
  • Oakman, AL

    Typical home
    $103,019
    Gross yield

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