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Thorne Bay, AK Real Estate


According to census data in the year 2000 there were 332 housing units in Thorne Bay. This represents a 42.5% growth from 233 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 332 were located in what is classified as a rural area.

Homeownership rate in Thorne Bay is about 64.4%. Thorne Bay's vacancy rate, including seasonal lodging, is about 33.1%. Average household size is 2.59 people.

The majority of houses, apartments or condos in Thorne Bay were built after 1984.

Statistics

Housing Size

Housing Units by Size
Studio Type9.60%
One Bedroom27.40%
Two Bedrooms24.70%
Three Bedrooms31.90%
Four Bedrooms5.40%
Five Bedrooms or more0.90%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.5
Median year structure was built1985
Median Value of occupied units$148,800
Median Price asked for vacant units$32,500

Rented Homes, Apartments and Condos

Average Household Size2.76
Median year structure was built1984
Median Monthly Rent asked for vacant units$450

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0%
Home Equity Loan6.80%
Simple Mortgage54.80%
Debt Free38.40%
As % of Housing Units
     
Median part of Monthly Household Income dedicated to covering home ownership costs21%