Compare with
A cash-flow-lean market. Rents carry the return here rather than price growth.
What would change this read: price growth (median +22.4% YoY) outrunning rents would pull rent-to-price back under 0.8%/mo and weaken the cash-flow case. inventory, −50.0% YoY, is the number to watch.
The median listing price is up 22.4% YoY while the median home got up 69.2% bigger, so value per square foot is down 2.9%.
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 $52K purchase rents for $875/mo: 1.68% of price per month against the 1% rule's 1.00%.
U.S. Census ACS characteristics for ZIP 36612 itself, not its parent county.
Renters hold 39.4% of this ZIP's 1,242 occupied households, on a median household income of $38K.
| Measure | ZIP 36612 | Mobile County | Difference |
|---|---|---|---|
| Median Household Income | $38K | $59K | -$21K |
| Below Poverty Level | 40.5% | 16.2% | +24.3% |
| Median Age | 40.00 | 38.50 | +1.50 |
| Total Population | 3,274 | 412,590 | -- |
| Avg Household Size | 2.64 | 2.50 | +0.14 |
| Owner-Occupied | 60.6% | 66.0% | -5.4% |
| Worked From Home | 9.9% | 8.3% | +1.6% |
| Mean Commute | 26.50 | 26.10 | +0.40 |
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.