HousingHandbookReference data

U.S. ZIP Code · AL36020

Elmore County · Montgomery, AL

Typical home value

$213,320[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+2.9%
5-year / yr
+4.1%
10-year / yr
+4.6%

Relative price

vs U.S.
-24.9%
vs metro
+4.0%
vs state
+8.8%
ZIP 36020 location in AL
Location of ZIP 36020 in AL

Price history

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

The typical home in 36020 is worth $213,320 — 4.0% above the Montgomery, AL median. Over the past year, values have risen 2.9%. The effective property tax rate is 0.2%.

#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
0.2%[3]
Typical annual tax
$531[3]

#Climate risk

FEMA National Risk Index ratings for Elmore 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 Low
Winter weather
Very Low

#Who lives here

Population
1,132[3]
Median household income
$61,161[3]

#Migration

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

Net migration
+188[5]
Moved in
2,389
Moved out
2,201

Schools

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

Public schools
1
Elementary
1
Middle
0
High
0
  • Airport Road Intermediate School

    Elementary · Grades 3–4 · Elmore County

    548 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$1,079
Loan principal$170,656
Down payment$42,664
Total interest paid$217,662

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$1,301
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
35th percentile[1]
Rental yield
[2]
Property tax
18th percentile[3]

Frequently asked

How much is a home worth in ZIP code 36020?
The typical home in 36020 is worth $213,320, based on the Zillow Home Value Index.
Are home values rising in 36020?
Home values in 36020 are up 2.9% over the past year, and up 4.1% a year over five years.
What is the property tax rate in 36020?
The effective property tax rate in 36020 is 0.2% — roughly $531 a year on a typical home.
Who lives in 36020?
ZIP code 36020 has a population of 1,132 and a median household income of $61,161.

#Comparable ZIPs

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

  • Marbury CDP, AL

    Typical home
    $220,162
    Gross yield
  • Millbrook, AL

    Typical home
    $221,194
    Gross yield
    7.3%
  • Autaugaville, AL

    Typical home
    $205,115
    Gross yield
  • Billingsley, AL

    Typical home
    $230,650
    Gross yield
  • Wetumpka, AL

    Typical home
    $231,749
    Gross yield
  • Montgomery, AL

    Typical home
    $194,777
    Gross yield
    7.8%

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