Birmingham, AL — income, home value, property tax, and sales tax.
Households in ZIP code 35242, near Birmingham, bring in a median of $117,047 a year, with per-capita income reaching $68,914. That earning power pairs with a median home value of $477,700, and the county's 0.44% effective property tax rate keeps annual housing taxes on such a home near $2,100. Sales tax across the area totals 5.00%, so everyday purchases take a smaller bite than in many places. The result is a budget where high earnings and low housing taxes leave substantial income available beyond the essentials, whether directed toward savings, investments, or other priorities.
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