Theodore, AL Real Estate
According to census data in the year 2000 there were 2,687 housing units in Theodore.
This represents a 9.6% growth from 2,451 in 1990.
Of those housing units, 1,983 were located in either urbanized areas or urban clusters, and 704 were located in what is classified as a rural area.
Homeownership rate in Theodore is about 75.2%.
Theodore's vacancy rate, including seasonal lodging, is about 8%.
Average household size is 2.7 people.
The majority of houses, apartments or condos in Theodore were built after 1978.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.30% |
| One Bedroom | 2.90% |
| Two Bedrooms | 27.10% |
| Three Bedrooms | 60% |
| Four Bedrooms | 8.10% |
| Five Bedrooms or more | 1.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.76 |
| Median year structure was built | 1979 |
| Median Value of occupied units | $77,800 |
| Median Price asked for vacant units | $83,900 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.52 |
| Median year structure was built | 1976 |
| Median Monthly Rent asked for vacant units | $325 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.60% |
| Home Equity Loan | 5% |
| Simple Mortgage | 57.80% |
| Debt Free | 32.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.5% |
