US5.com
  1. Home
  2. States
  3. Alabama
  4. ZIP 36320
  5. Housing & Real Estate
Cottonwood town, AL

ZIP 36320 — 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 36320

Median Home Value
$130,700
Median Rent
$454
Affordability Snapshot
$36,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$840/mo PITI).

12%
Rent-to-Income Ratio

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

2.9x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

24.0 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 36320 in Cottonwood town, AL, a household would need roughly $36,000 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 $840. That sits below the local median household income ($45,366), 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 20% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
77.9%+19% vs US avg
x
Vacancy Rate
20.0%+94% vs US avg
x
Broadband Access
74.5%-14% vs US avg
x
4+ Bedrooms
1.9%-87% vs US avg
x
Built Pre-1939
4.5%-65% vs US avg
x
Built Post-2014
1.9%-73% vs US avg
x
Rent Burden >30%
5.0%-90% vs US avg
x
Mortgage-Free
60.7%+59% vs US avg
x
$130,700
Home Value
$454
Rent
1983
Year Built
2008
Moved In

Residents have lived here since ~2008 on average

Housing Structure

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

  • 1-unit detached60.2%
  • 1-unit attached0.0%
  • 2-9 units4.3%
  • 10+ units0.0%
  • Mobile home & other35.5%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$130,700
Median rent$454
Owner-occupied77.9%
Vacant20.0%
Price-to-income2.9x
Est. income to buy$36,000