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ZIP Code 31315

Learn about the people, housing, costs and businesses in 31315

Median Rent$1,582/month
Population7,220
Leading IndustriesTransportation · Public Administration3% transportation
Home Value Growth⬆⬆⬆+22.9% over 2 years
Family-Friendly37% of residentstop 1% nationally
NotableVeteran Community16% of residents · top 2% nationally
ZIP Code
31315

Frequently Asked Questions

What are today's mortgage rates in ZIP code 31315?

As of today, the 30-year fixed mortgage rate for ZIP code 31315 is approximately 6.979% (7.018% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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Are home values rising in ZIP code 31315?

Home values in ZIP code 31315 have increased 22.9% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in ZIP code 31315?

Based on a typical all-in ownership cost of $1,579/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $68k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in ZIP code 31315 is $53k/year.

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What industries drive the economy in ZIP code 31315?

The largest employment sectors in ZIP code 31315 are public administration (26%) and healthcare (6%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

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