Decatur, AL · Alabama
Morgan County
ZIP 35621
123,742 residents246 permits TTM$64,858 median HHI8 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$193,000
ACS 5-Year
Cap rate proxy
5.2%
FMR × 0.65 ÷ Home Value
Rent-to-income
15.4%
HUD FMR ÷ ACS HHI
Net migration
+1.30%
IRS SOI
Permits (TTM)
246
Census BPS
Climate risk
88.8
FEMA NRI (0–100)
ZIP 35621
Median home value
—
Gross yield
—
Buy Box score
0.8
Section 8 gap
—
Affordability
P/I: 3.1R/I: —
Section 8 detail
SAFMR: —Rent: —Gap: —
ZIP code breakdown8 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Buy Box score ↓ | Section 8 gap |
|---|---|---|---|---|---|
| 35601 | — | — | — | 0.9 | — |
| 35622 | — | — | — | 0.8 | — |
| 35621 | — | — | — | 0.8 | — |
| 35670 | — | — | — | 0.7 | — |
| 35754 | — | — | — | 0.7 | — |
| 35640 | — | — | — | 0.7 | — |
| 35603 | — | — | — | 0.4 | — |
| 35775 | — | — | — | — | — |
Sort by any column. Click a ZIP for detail.
Demographics
Owner-occupied
72.5%
Census ACS
Vacancy rate
9.0%
Census ACS
Bachelor's degree +
23.2%
Census ACS
Rent burdened
37.2%
Census ACS (>30% income)
Median age
40.3
Census ACS
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