Housing market/Alabama/ZIP 35962

ACS 2023 · FY2027 SAFMR

ZIP 35962 Crossville, Marshall County, Alabama

Marshall County, AL · Alabama. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
8,211
Households
2,756
Median HH income
$58,000
Renter share
20.6%
Median gross rent
$749
Vacancy
19.3%
Pop. change
-13.7%
2BR SAFMR
$980
SAFMR / rent
1.308×
2–49 unit stock
120
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 35962 · AL — sent to you.

ZIP 35962 · AL

ACS median rent$749
2BR SAFMR$980
90% floor$882
110% ceiling$1,078

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 35962

  • 1-unit detached2,18163.8%
  • 1-unit attached40.1%
  • 2–4 units1023.0%
  • 5–49 units180.5%
  • 50+ units40.1%
  • Mobile1,10832.4%
TypeUnitsShare
1-unit detached2,18163.8%
1-unit attached40.1%
2 units (duplex)782.3%
3–4 units240.7%
5–9 units180.5%
10–19 units00.0%
20–49 units00.0%
50+ units40.1%
Mobile1,10832.4%

2–4 unit share 3.0% · 5–49 unit share 0.5% · combined 2–49 3.5%.

Units by bedrooms

Studio
27
1BR
189
2BR
767
3BR
1,899
4BR
472
5+
63

Rent burden

Rent ≥30% of income25.0%
Rent ≥50% of income9.2%
  • ACS median gross rent $749 (all bedrooms, occupied rentals).
  • Median contract rent $470.
  • Renters paying ≥30% of income 25.0%; ≥50% 9.2%.
  • FY2027 2BR SAFMR $980 (1.308× ACS median gross rent).

Population

8,211 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -13.7%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: not published for this ZIP.
  • HUD project-based assisted MF: not published for this ZIP.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 0 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 35962 20.6% of occupied households are renters; vacancy is 19.3%; ACS median gross rent is $749; population changed -13.7% between the 2018 and 2023 ACS vintages; the housing stock includes 102 units in 2–4-unit structures and 18 units in 5–49-unit structures; FY2027 2BR SAFMR is $980 versus ACS median gross rent of $749. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

Alabama research

ZIP 35962 is a Census / HUD profile for Marshall County, AL. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

Nearby ZIPs in this FMR area

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is Alabama research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 35962?

ZIP 35962 (Marshall County, AL) has 8,211 residents, 2,756 households, a renter share of 20.6%, median household income of $58,000, and ACS 2023 median gross rent of $749. Vacancy is 19.3%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 35962?

ACS counts 78 units in 2-unit buildings, 24 in 3–4 unit buildings, 18 in 5–9, 0 in 10–19, and 0 in 20–49. Combined 2–49 unit stock is 120 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 35962?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $980. See the full schedule and 90–110% payment-standard band on the ZIP 35962 — Crossville, AL HUD Section 8 Payment Standards / SAFMR.

Does this Alabama ZIP profile include Georgia listings?

No. ZIP 35962 is Census / HUD research for Marshall County, AL. Jeff Crowe CRE does not list Alabama property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.