Covenant Life, AK Real Estate
According to census data in the year 2000 there were 40 housing units in Covenant Life.
This represents a 150% growth from 16 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 40 were located in what is classified as a rural area.
Homeownership rate in Covenant Life is about 24%.
Covenant Life's vacancy rate, including seasonal lodging, is about 37.5%.
Average household size is 4.2 people.
The majority of houses, apartments or condos in Covenant Life were built after 1977.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 10% |
| One Bedroom | 22.50% |
| Two Bedrooms | 17.50% |
| Three Bedrooms | 17.50% |
| Four Bedrooms | 17.50% |
| Five Bedrooms or more | 15% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.67 |
| Median year structure was built | 1975 |
| Median Value of occupied units | $162,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 4.68 |
| Median year structure was built | 1979 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0% |
| Home Equity Loan | 0% |
| Simple Mortgage | 99.99% |
| Debt Free | 0% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 27.5% |
