Tuscumbia, AL Real Estate
According to census data in the year 2000 there were 3,847 housing units in Tuscumbia.
This represents a 7.1% growth from 3,593 in 1990.
Of those housing units, 3,734 were located in either urbanized areas or urban clusters, and 113 were located in what is classified as a rural area.
Homeownership rate in Tuscumbia is about 66.6%.
Tuscumbia's vacancy rate, including seasonal lodging, is about 9%.
Average household size is 2.16 people.
The majority of houses, apartments or condos in Tuscumbia were built after 1964.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.70% |
| One Bedroom | 10.20% |
| Two Bedrooms | 29.90% |
| Three Bedrooms | 44.20% |
| Four Bedrooms | 12.80% |
| Five Bedrooms or more | 2.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.29 |
| Median year structure was built | 1961 |
| Median Value of occupied units | $68,900 |
| Median Price asked for vacant units | $47,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.92 |
| Median year structure was built | 1972 |
| Median Monthly Rent asked for vacant units | $325 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.50% |
| Home Equity Loan | 5.80% |
| Simple Mortgage | 44.80% |
| Debt Free | 44.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.2% |
