Birmingham, AL Real Estate
According to census data in the year 2000 there were 112,229 housing units in Birmingham.
This represents a 4.6% decline from 117,691 in 1990.
Of those housing units, 111,613 were located in either urbanized areas or urban clusters, and 616 were located in what is classified as a rural area.
Homeownership rate in Birmingham is about 53.5%.
Birmingham's vacancy rate, including seasonal lodging, is about 11.8%.
Average household size is 2.37 people.
The majority of houses, apartments or condos in Birmingham were built after 1961.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.40% |
| One Bedroom | 15.60% |
| Two Bedrooms | 36.30% |
| Three Bedrooms | 37% |
| Four Bedrooms | 7.10% |
| Five Bedrooms or more | 1.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.52 |
| Median year structure was built | 1957 |
| Median Value of occupied units | $62,100 |
| Median Price asked for vacant units | $46,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.2 |
| Median year structure was built | 1965 |
| Median Monthly Rent asked for vacant units | $348 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 7.50% |
| Home Equity Loan | 5.80% |
| Simple Mortgage | 51.90% |
| Debt Free | 34.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.8% |
