Boaz, AL Real Estate
According to census data in the year 2000 there were 3,469 housing units in Boaz.
This represents a 13.6% growth from 3,053 in 1990.
Of those housing units, 3,075 were located in either urbanized areas or urban clusters, and 394 were located in what is classified as a rural area.
Homeownership rate in Boaz is about 63.4%.
Boaz's vacancy rate, including seasonal lodging, is about 8.5%.
Average household size is 2.26 people.
The majority of houses, apartments or condos in Boaz were built after 1971.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.50% |
| One Bedroom | 10% |
| Two Bedrooms | 30.10% |
| Three Bedrooms | 48.30% |
| Four Bedrooms | 9.70% |
| Five Bedrooms or more | 1.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.31 |
| Median year structure was built | 1972 |
| Median Value of occupied units | $71,900 |
| Median Price asked for vacant units | $55,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.19 |
| Median year structure was built | 1971 |
| Median Monthly Rent asked for vacant units | $276 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 1.40% |
| Home Equity Loan | 3.70% |
| Simple Mortgage | 50.80% |
| Debt Free | 44.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.8% |
