Cottonwood, AL Real Estate

According to census data in the year 2000 there were 560 housing units in Cottonwood. This represents a 1.1% decline from 566 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 560 were located in what is classified as a rural area.

Homeownership rate in Cottonwood is about 67.6%. Cottonwood's vacancy rate, including seasonal lodging, is about 14.6%. Average household size is 2.42 people.

The majority of houses, apartments or condos in Cottonwood were built after 1972.


Housing Size

Housing Units by Size
Studio Type2.90%
One Bedroom9.80%
Two Bedrooms33.40%
Three Bedrooms46.60%
Four Bedrooms6.60%
Five Bedrooms or more0.70%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.29
Median year structure was built1973
Median Value of occupied units$62,000
Median Price asked for vacant units$67,500

Rented Homes, Apartments and Condos

Average Household Size2.68
Median year structure was built1969
Median Monthly Rent asked for vacant units$227

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage7%
Home Equity Loan5.60%
Simple Mortgage47.90%
Debt Free39.40%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs20.1%