Muscle Shoals, AL Real Estate
According to census data in the year 2000 there were 5,033 housing units in Muscle Shoals.
This represents a 31.1% growth from 3,838 in 1990.
Of those housing units, 4,751 were located in either urbanized areas or urban clusters, and 282 were located in what is classified as a rural area.
Homeownership rate in Muscle Shoals is about 74.9%.
Muscle Shoals's vacancy rate, including seasonal lodging, is about 5.7%.
Average household size is 2.48 people.
The majority of houses, apartments or condos in Muscle Shoals were built after 1978.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.20% |
| One Bedroom | 5.40% |
| Two Bedrooms | 24.10% |
| Three Bedrooms | 52.70% |
| Four Bedrooms | 15.50% |
| Five Bedrooms or more | 2.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.7 |
| Median year structure was built | 1976 |
| Median Value of occupied units | $88,800 |
| Median Price asked for vacant units | $69,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.83 |
| Median year structure was built | 1984 |
| Median Monthly Rent asked for vacant units | $365 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 7.70% |
| Home Equity Loan | 9.10% |
| Simple Mortgage | 50.20% |
| Debt Free | 33.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.7% |
