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Calera city, AL

ZIP 35040 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 35040

Median Home Value
$210,600
Median Rent
$1,174
Affordability Snapshot
$58,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,353/mo PITI).

18%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

2.6x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

14.9 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 35040 in Calera city, AL, a household would need roughly $58,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,353. That sits below the local median household income ($80,267), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
79.7%+22% vs US avg
x
Vacancy Rate
6.8%-34% vs US avg
x
Broadband Access
92.6%+6% vs US avg
x
4+ Bedrooms
4.7%-68% vs US avg
x
Built Pre-1939
2.2%-83% vs US avg
x
Built Post-2014
1.0%-86% vs US avg
x
Rent Burden >30%
29.6%-40% vs US avg
x
Mortgage-Free
22.1%-42% vs US avg
x
$210,600
Home Value
$1,174
Rent
2004
Year Built
2016
Moved In

Residents have lived here since ~2016 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached82.5%
  • 1-unit attached4.2%
  • 2-9 units2.2%
  • 10+ units2.9%
  • Mobile home & other8.3%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$210,600
Median rent$1,174
Owner-occupied79.7%
Vacant6.8%
Price-to-income2.6x
Est. income to buy$58,000