Alabama

Covington County

ZIP 36474

37,647 residents12 permits TTM$50,886 median HHI7 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$142,500

ACS 5-Year

Cap rate proxy

6.2%

FMR × 0.65 ÷ Home Value

Rent-to-income

17.4%

HUD FMR ÷ ACS HHI

Net migration

+0.76%

IRS SOI

Permits (TTM)

12

Census BPS

Climate risk

82.4

FEMA NRI (0–100)

ZIP 36474

Median home value

Gross yield

Buy Box score

0.3

Section 8 gap

Affordability

P/I: 3.1R/I:

Section 8 detail

SAFMR: Rent: Gap:
ZIP code breakdown7 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldBuy Box scoreSection 8 gap
364670.4
364420.4
364200.4
364740.3
360280.3
364210.2
36483

Sort by any column. Click a ZIP for detail.

Demographics

Owner-occupied

75.7%

Census ACS

Vacancy rate

22.4%

Census ACS

Bachelor's degree +

17.2%

Census ACS

Rent burdened

36.7%

Census ACS (>30% income)

Median age

42.8

Census ACS

Data sources
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026