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ZIP 31403
Housing & Real Estate

ZIP 31403 — Housing & Real Estate

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

Working Class

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 31403

Median Home Value

$156,900

Median Rent

$923

Affordability Snapshot

$43,000

Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,008/mo PITI).

27%

Rent-to-Income Ratio

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

3.8x

Home Price-to-Income Ratio

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

14.2 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 31403, a household would need roughly $43,000 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 $1,008. That is roughly in line with the local median household income ($41,705). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Diverse housing tenure.

Heating Fuel

Housing Metrics

Owner Occupied

39.0%-40% vs US avg

Vacancy Rate

5.6%-46% vs US avg

Broadband Access

88.0%+1% vs US avg

4+ Bedrooms

3.1%-79% vs US avg

Built Pre-1939

2.1%-84% vs US avg

Built Post-2014

0.0%

Rent Burden >30%

27.7%-44% vs US avg

Mortgage-Free

47.2%+24% vs US avg

$156,900

Home Value

$923

Rent

1973

Year Built

2015

Moved In

Residents have lived here since ~2015 on average

Housing Structure

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

1-unit detached57.5%
1-unit attached1.8%
2-9 units30.5%
10+ units9.9%
Mobile home & other0.4%

ZIP 31403 — Housing & Real Estate

Housing & Real Estate in ZIP Code 31403

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