HousingHandbookReference data

U.S. ZIP Code · AL36606

Mobile County · Mobile, AL

Typical home value

$140,146[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-6.8%
5-year / yr
+2.4%
10-year / yr
+4.2%

Relative price

vs U.S.
-50.7%
vs metro
-30.2%
vs state
-28.5%
ZIP 36606 location in AL
Location of ZIP 36606 in AL

Price history

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

The typical home in 36606 is worth $140,146 — 30.2% below the Mobile, AL median. Over the past year, values have fallen 6.8%. Homes here rent for a typical $1,265 a month — a 10.8% 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
$1,265[2]
Gross yield
10.8%[2]
Cap rate
6.5%[2]

#Property tax

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

Effective tax rate
0.5%[3]
Typical annual tax
$696[3]

#Climate risk

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

Overall risk
Relatively High[4]
Riverine flood
Relatively High
Coastal flood
Relatively High
Wildfire
Relatively Moderate
Drought
Relatively Moderate
Heat wave
Relatively Moderate
Hurricane
Very High
Tornado
Relatively High
Earthquake
Relatively Low
Winter weather
Relatively Moderate

#Who lives here

Population
18,728[3]
Median household income
$51,303[3]

#Migration

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

Net migration
-361[5]
Moved in
6,087
Moved out
6,448

Schools

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

Public schools
3
Elementary
2
Middle
0
High
1
  • Murphy High School

    High · Grades 9–12 · Mobile County

    1,255 students

  • EicholdMertz School of Math and Science

    Elementary · Grades PK–5 · Mobile County

    511 students

  • SpencerWestlawn Elementary School

    Elementary · Grades PK–5 · Mobile County

    406 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 yield10.8%
Net yield (after ~40% expenses)6.5%
Annual rent$15,181

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$709
Loan principal$112,117
Down payment$28,029
Total interest paid$142,999

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 ratio0.70
Monthly cost to own$884
Monthly rent$1,265

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
26th percentile[1]
Rental yield
78th percentile[2]
Property tax
90th percentile[3]

Frequently asked

How much is a home worth in ZIP code 36606?
The typical home in 36606 is worth $140,146, based on the Zillow Home Value Index.
Are home values rising in 36606?
Home values in 36606 are down 6.8% over the past year, and up 2.4% a year over five years.
What is the typical rent in 36606?
A typical home in 36606 rents for about $1,265 a month, a gross rental yield of 10.8%.
What is the property tax rate in 36606?
The effective property tax rate in 36606 is 0.5% — roughly $696 a year on a typical home.
Who lives in 36606?
ZIP code 36606 has a population of 18,728 and a median household income of $51,303.

#Comparable ZIPs

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

  • Prichard, AL

    Typical home
    $148,944
    Gross yield
  • Bayou La Batre, AL

    Typical home
    $154,727
    Gross yield
  • Mobile, AL

    Typical home
    $114,415
    Gross yield
  • Chickasaw, AL

    Typical home
    $112,272
    Gross yield
    11.2%
  • Citronelle, AL

    Typical home
    $170,065
    Gross yield
  • Mobile, AL

    Typical home
    $175,779
    Gross yield
    9.8%

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