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Midland City town, AL

ZIP 36350 — Housing & Real Estate

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

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 36350

Median Home Value
$169,300
Median Rent
$542
Affordability Snapshot
$47,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,088/mo PITI).

12%
Rent-to-Income Ratio

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

3.1x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

26.0 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 36350 in Midland City town, AL, a household would need roughly $47,000 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 $1,088. That sits below the local median household income ($55,179), 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

Vacancy rate 12% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
56.0%-14% vs US avg
x
Vacancy Rate
12.0%+17% vs US avg
x
Broadband Access
86.6%-0% vs US avg
x
4+ Bedrooms
4.7%-68% vs US avg
x
Built Pre-1939
2.1%-84% vs US avg
x
Built Post-2014
1.6%-76% vs US avg
x
Rent Burden >30%
6.7%-87% vs US avg
x
Mortgage-Free
33.6%-12% vs US avg
x
$169,300
Home Value
$542
Rent
1991
Year Built
2014
Moved In

Residents have lived here since ~2014 on average

Housing Structure

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

  • 1-unit detached68.4%
  • 1-unit attached1.6%
  • 2-9 units12.0%
  • 10+ units2.0%
  • Mobile home & other16.1%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$169,300
Median rent$542
Owner-occupied56.0%
Vacant12.0%
Price-to-income3.1x
Est. income to buy$47,000