dynamic.RE

State

City

Compare with

City

State

City

ZIP codes

Birmingham, AL · 35238

ACS 2024

Market Read

A market with no active rental pool to price against. The sale-side figures below are the whole picture.

Tenant economics are strong. Median household income $98K, +4.7% YoY (county); renters hold 18.6% of county households. See the people evidence ↓

Gross Rental Yield

–

1% rule implies 12%/yr

Rent-to-Price

–

1% rule benchmark: 1.00%/mo

Gross Rent Multiplier

–

Price ÷ annual gross rent

Asking vs Voucher

–

No bedroom size has both a rent sample and a published FMR

Computed from this page's data: . The listing and rental pools are separate samples, not the same homes priced two ways, so the ratios describe the market rather than any one property. Ratios with reasons, not a recommendation to buy.

Median Listing Price

Population

86,866

Median Days on Market

Active Listings

New Listings

Housing Market

Units & Occupancy

2024 Occupancy ⓘ

U.S. Census ACS · n = 91,995

92Kunits

Occupied86,86694.4%

Vacant5,1295.6%

2024 Tenure ⓘ

U.S. Census ACS · n = 86,866

87Koccupied

Owner70,67281.4%

Renter16,19418.6%

Renter Share

18.6%-0.5% YoY

Total Housing Units

91,995+1.3% YoY

FY2026 Fair Market Rent

CountyShelby County · HUD 40th-percentile estimate, not actual market asking rent

Studio

$1,024

/month

1 BR

$1,155

/month

2 BR

$1,266

/month

3 BR

$1,583

/month

4 BR

$1,801

/month

FMR trends · Shelby County

HUD Fair Market Rents · FY1983–FY2026

County Demographics

County population is up 1.4% to 230,211: residents under 18 are up 0.3% and those 65 and over are up 4.2%.

Median Age

40.32024

Population

Shelby County Population

235,969+1.0% YoY

Households

Total Households

86,866+1.7% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.610.0% YoY

Age

2024 Age Mix ⓘ

U.S. Census ACS · n = 230,211

230Kresidents

Under 1852,37922.8%

Adults 18–64139,06660.4%

65 & Over38,76616.8%

Age Composition Over Time

U.S. Census ACS · 2017–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Population Under 18

52,379+0.3% YoY

Population 65 & Over

38,766+4.2% YoY

Median Age

40.30+0.7% YoY

Mobility & Veterans

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house89.3%

Moved (within US)10.5%

Other0.2%

Veterans

6.3%0.0% YoY

County Economy

County median household income is $98K, 7.2% of residents are below the poverty level, 16.9% work from home.

Income

Median Household Income

$98K+4.7% YoY

Per-Capita Income

$49K+3.2% YoY

Mean Household Income

$128K+3.4% YoY

Poverty

Below Poverty Level

7.2%+4.3% YoY

Transportation to Work

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone74.8%

Public transit0.0%

Worked from home16.9%

Other8.3%

Worked From Home

16.9%+11.2% YoY

Mean Commute

29.50-0.7% YoY

Done with 35238? Put it next to another market.

State

City

Compare with

City

State

City

ZIP codes

Birmingham, AL · 35238

ACS 2024

Market Read

A market with no active rental pool to price against. The sale-side figures below are the whole picture.

Tenant economics are strong. Median household income $98K, +4.7% YoY (county); renters hold 18.6% of county households. See the people evidence ↓

Gross Rental Yield

–

1% rule implies 12%/yr

Rent-to-Price

–

1% rule benchmark: 1.00%/mo

Gross Rent Multiplier

–

Price ÷ annual gross rent

Asking vs Voucher

–

No bedroom size has both a rent sample and a published FMR

Median Listing Price

Population

86,866

Median Days on Market

Active Listings

New Listings

Housing Market

Units & Occupancy

2024 Occupancy ⓘ

U.S. Census ACS · n = 91,995

92Kunits

Occupied86,86694.4%

Vacant5,1295.6%

2024 Tenure ⓘ

U.S. Census ACS · n = 86,866

87Koccupied

Owner70,67281.4%

Renter16,19418.6%

Renter Share

18.6%-0.5% YoY

Total Housing Units

91,995+1.3% YoY

FY2026 Fair Market Rent

CountyShelby County · HUD 40th-percentile estimate, not actual market asking rent

Studio

$1,024

/month

1 BR

$1,155

/month

2 BR

$1,266

/month

3 BR

$1,583

/month

4 BR

$1,801

/month

FMR trends · Shelby County

HUD Fair Market Rents · FY1983–FY2026

County Demographics

County population is up 1.4% to 230,211: residents under 18 are up 0.3% and those 65 and over are up 4.2%.

Median Age

40.32024

Population

Shelby County Population

235,969+1.0% YoY

Households

Total Households

86,866+1.7% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.610.0% YoY

Age

2024 Age Mix ⓘ

U.S. Census ACS · n = 230,211

230Kresidents

Under 1852,37922.8%

Adults 18–64139,06660.4%

65 & Over38,76616.8%

Age Composition Over Time

U.S. Census ACS · 2017–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Population Under 18

52,379+0.3% YoY

Population 65 & Over

38,766+4.2% YoY

Median Age

40.30+0.7% YoY

Mobility & Veterans

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house89.3%

Moved (within US)10.5%

Other0.2%

Veterans

6.3%0.0% YoY

County Economy

County median household income is $98K, 7.2% of residents are below the poverty level, 16.9% work from home.

Income

Median Household Income

$98K+4.7% YoY

Per-Capita Income

$49K+3.2% YoY

Mean Household Income

$128K+3.4% YoY

Poverty

Below Poverty Level

7.2%+4.3% YoY

Transportation to Work

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone74.8%

Public transit0.0%

Worked from home16.9%

Other8.3%

Worked From Home

16.9%+11.2% YoY

Mean Commute

29.50-0.7% YoY

Done with 35238? Put it next to another market.