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Cherokee town, AL

ZIP 35616 — 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 35616

Median Home Value
$94,100
Median Rent
$513
Affordability Snapshot
$26,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$604/mo PITI).

13%
Rent-to-Income Ratio

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

2.0x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

15.3 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 35616 in Cherokee town, AL, a household would need roughly $26,000 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 $604. That sits below the local median household income ($47,083), 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 21% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
73.3%+12% vs US avg
x
Vacancy Rate
20.6%+100% vs US avg
x
Broadband Access
74.7%-14% vs US avg
x
4+ Bedrooms
6.2%-58% vs US avg
x
Built Pre-1939
9.5%-26% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
11.8%-76% vs US avg
x
Mortgage-Free
65.4%+71% vs US avg
x
$94,100
Home Value
$513
Rent
1970
Year Built
2009
Moved In

Residents have lived here since ~2009 on average

Housing Structure

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

  • 1-unit detached84.7%
  • 1-unit attached1.5%
  • 2-9 units1.0%
  • 10+ units0.0%
  • Mobile home & other12.7%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$94,100
Median rent$513
Owner-occupied73.3%
Vacant20.6%
Price-to-income2.0x
Est. income to buy$26,000