Fairfield, AL Real Estate
According to census data in the year 2000 there were 4,943 housing units in Fairfield.
This represents a 0.9% decline from 4,988 in 1990.
Of those housing units, 4,943 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Fairfield is about 62.4%.
Fairfield's vacancy rate, including seasonal lodging, is about 7.2%.
Average household size is 2.56 people.
The majority of houses, apartments or condos in Fairfield were built after 1962.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.80% |
| One Bedroom | 8% |
| Two Bedrooms | 28.80% |
| Three Bedrooms | 49.10% |
| Four Bedrooms | 12.30% |
| Five Bedrooms or more | 0.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.68 |
| Median year structure was built | 1961 |
| Median Value of occupied units | $71,100 |
| Median Price asked for vacant units | $39,600 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.36 |
| Median year structure was built | 1965 |
| Median Monthly Rent asked for vacant units | $285 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 8.40% |
| Home Equity Loan | 5.20% |
| Simple Mortgage | 55.40% |
| Debt Free | 30.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.3% |
