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Barrow, AK Real Estate


According to census data in the year 2000 there were 1,620 housing units in Barrow. This represents a 36.8% growth from 1,184 in 1990.

Of those housing units, 1,510 were located in either urbanized areas or urban clusters, and 110 were located in what is classified as a rural area.

Homeownership rate in Barrow is about 40.6%. Barrow's vacancy rate, including seasonal lodging, is about 15.4%. Average household size is 3.27 people.

The majority of houses, apartments or condos in Barrow were built after 1983.

Statistics

Housing Size

Housing Units by Size
Studio Type7.50%
One Bedroom23.80%
Two Bedrooms30.40%
Three Bedrooms28.50%
Four Bedrooms8.90%
Five Bedrooms or more1%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size4.04
Median year structure was built1986
Median Value of occupied units$145,700
Median Price asked for vacant units$102,100

Rented Homes, Apartments and Condos

Average Household Size2.74
Median year structure was built1982
Median Monthly Rent asked for vacant units$880

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage4.10%
Home Equity Loan4.10%
Simple Mortgage47.80%
Debt Free44.10%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs14.2%