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New Hope city, AL

ZIP 35760 — 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 35760

Median Home Value
$164,500
Median Rent
$555
Affordability Snapshot
$45,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,057/mo PITI).

10%
Rent-to-Income Ratio

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

2.5x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

24.7 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 35760 in New Hope city, AL, a household would need roughly $45,000 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 $1,057. That sits below the local median household income ($66,346), 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
84.3%+29% vs US avg
x
Vacancy Rate
8.9%-13% vs US avg
x
Broadband Access
88.4%+2% vs US avg
x
4+ Bedrooms
3.7%-75% vs US avg
x
Built Pre-1939
4.0%-69% vs US avg
x
Built Post-2014
3.3%-52% vs US avg
x
Rent Burden >30%
4.7%-91% vs US avg
x
Mortgage-Free
35.7%-6% vs US avg
x
$164,500
Home Value
$555
Rent
1988
Year Built
2011
Moved In

Residents have lived here since ~2011 on average

Housing Structure

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

  • 1-unit detached77.1%
  • 1-unit attached0.0%
  • 2-9 units2.7%
  • 10+ units0.0%
  • Mobile home & other20.2%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$164,500
Median rent$555
Owner-occupied84.3%
Vacant8.9%
Price-to-income2.5x
Est. income to buy$45,000