HousingHandbookReference data

U.S. ZIP Code · AL35661

Colbert County · Florence-Muscle Shoals, AL

Typical home value

$255,535[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+2.2%
5-year / yr
+6.9%
10-year / yr
+5.4%

Relative price

vs U.S.
-10.0%
vs metro
+17.5%
vs state
+30.4%
ZIP 35661 location in AL
Location of ZIP 35661 in AL

Price history

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

The typical home in 35661 is worth $255,535 — 17.5% above the Florence-Muscle Shoals, AL median. Over the past year, values have risen 2.2%. Homes here rent for a typical $1,338 a month — a 6.3% 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
$1,338[2]
Gross yield
6.3%[2]
Cap rate
3.8%[2]

#Property tax

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

Effective tax rate
0.3%[3]
Typical annual tax
$881[3]

#Climate risk

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

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

#Who lives here

Population
19,169[3]
Median household income
$74,310[3]

#Migration

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

Net migration
+162[5]
Moved in
1,551
Moved out
1,389

Schools

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

Public schools
7
Elementary
4
Middle
1
High
2
  • Muscle Shoals High School

    High · Grades 9–12 · Muscle Shoals City

    874 students

  • Muscle Shoals Middle School

    Middle · Grades 6–8 · Muscle Shoals City

    638 students

  • McBride Elementary School

    Elementary · Grades 3–5 · Muscle Shoals City

    631 students

  • Howell Graves Preschool

    Elementary · Grades PK–K · Muscle Shoals City

    336 students

  • Webster Elementary School

    Elementary · Grades 1–2 · Muscle Shoals City

    232 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 yield6.3%
Net yield (after ~40% expenses)3.8%
Annual rent$16,050

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$1,292
Loan principal$204,428
Down payment$51,107
Total interest paid$260,736

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 ratio1.18
Monthly cost to own$1,577
Monthly rent$1,338

Renting 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
100th percentile[1]
Rental yield
0th percentile[2]
Property tax
100th percentile[3]

Frequently asked

How much is a home worth in ZIP code 35661?
The typical home in 35661 is worth $255,535, based on the Zillow Home Value Index.
Are home values rising in 35661?
Home values in 35661 are up 2.2% over the past year, and up 6.9% a year over five years.
What is the typical rent in 35661?
A typical home in 35661 rents for about $1,338 a month, a gross rental yield of 6.3%.
What is the property tax rate in 35661?
The effective property tax rate in 35661 is 0.3% — roughly $881 a year on a typical home.
Who lives in 35661?
ZIP code 35661 has a population of 19,169 and a median household income of $74,310.

#Comparable ZIPs

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

  • Rogersville, AL

    Typical home
    $250,041
    Gross yield
  • Killen, AL

    Typical home
    $265,951
    Gross yield
  • St. Florian, AL

    Typical home
    $275,967
    Gross yield
  • Underwood-Petersville CDP, AL

    Typical home
    $230,936
    Gross yield
  • Anderson, AL

    Typical home
    $220,939
    Gross yield
  • Lexington, AL

    Typical home
    $217,521
    Gross yield

Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →

Compare ZIPs

Pit ZIP 35661 against any other ZIP — full side-by-side table.

Compare 35661

#Jump to section