Compare with
A cash-flow-lean market. Rents carry the return here rather than price growth.
What would change this read: price growth (median −33.5% YoY) outrunning rents would pull rent-to-price back under 0.8%/mo and weaken the cash-flow case. inventory, −4.0% YoY, is the number to watch.
The median listing price is down 33.5% YoY while the median home got up 1.1% bigger, so value per square foot is down 29.2%.
Min/max come from the active-listing pool; the median comes from Realtor's separate listing set — the two are not subsets of each other, so the median's position relative to the tiles above should not be read literally.
At the median, a $45K purchase rents for $1,000/mo: 2.21% of price per month against the 1% rule's 1.00%.
Not shown: Studio (sale only, no matching rent), 1 BR (sale only, no matching rent), 4 BR (sale only, no matching rent), 5 BR (sale only, no matching rent).
Sales here take about 26 days longer to go under contract than rentals.
Not shown: Land (sold here, not rented).
U.S. Census ACS characteristics for ZIP 36610 itself, not its parent county.
Renters hold 56.3% of this ZIP's 3,928 occupied households, on a median household income of $31K.
| Measure | ZIP 36610 | Mobile County | Difference |
|---|---|---|---|
| Median Household Income | $31K | $59K | -$28K |
| Below Poverty Level | 35.0% | 16.2% | +18.8% |
| Median Age | 41.20 | 38.50 | +2.70 |
| Total Population | 9,877 | 412,590 | -- |
| Avg Household Size | 2.51 | 2.50 | +0.01 |
| Owner-Occupied | 43.7% | 66.0% | -22.4% |
| Worked From Home | 5.0% | 8.3% | -3.3% |
| Mean Commute | 22.90 | 26.10 | -3.20 |
Higher or lower is not itself good or bad — it describes the neighborhood, not the investment.
ZIP-level figures come from ZIP Code Tabulation Areas, which approximate but do not exactly match USPS ZIP codes. A missing value is suppressed or unavailable at this sample size, not zero. Estimates for 2019–2020 use the 2010 ZCTA boundaries and 2021–2024 the 2020 ones, so a step between those two years may be a boundary change rather than real movement.
County population is down 0.1% to 412,590: residents under 18 are down 0.7% and those 65 and over are up 2.1%.
County median household income is $59K, 16.2% of residents are below the poverty level, 8.3% work from home.