Loachapoka, AL Real Estate
According to census data in the year 2000 there were 79 housing units in Loachapoka.
This represents a 42.3% decline from 137 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 79 were located in what is classified as a rural area.
Homeownership rate in Loachapoka is about 83.6%.
Loachapoka's vacancy rate, including seasonal lodging, is about 15.2%.
Average household size is 2.04 people.
The majority of houses, apartments or condos in Loachapoka were built after 1974.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.50% |
| One Bedroom | 0% |
| Two Bedrooms | 36.70% |
| Three Bedrooms | 36.70% |
| Four Bedrooms | 24.10% |
| Five Bedrooms or more | 0% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.14 |
| Median year structure was built | 1975 |
| Median Value of occupied units | $100,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.55 |
| Median year structure was built | 1939 |
| Median Monthly Rent asked for vacant units | $192 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 14.70% |
| Home Equity Loan | 23.50% |
| Simple Mortgage | 50% |
| Debt Free | 11.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 21.3% |
