Decatur, AL Real Estate
According to census data in the year 2000 there were 24,002 housing units in Decatur.
This represents a 16.3% growth from 20,640 in 1990.
Of those housing units, 21,969 were located in either urbanized areas or urban clusters, and 2,033 were located in what is classified as a rural area.
Homeownership rate in Decatur is about 64%.
Decatur's vacancy rate, including seasonal lodging, is about 9%.
Average household size is 2.43 people.
The majority of houses, apartments or condos in Decatur were built after 1974.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.70% |
| One Bedroom | 11.20% |
| Two Bedrooms | 27.50% |
| Three Bedrooms | 44.30% |
| Four Bedrooms | 13.40% |
| Five Bedrooms or more | 1.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.55 |
| Median year structure was built | 1973 |
| Median Value of occupied units | $89,200 |
| Median Price asked for vacant units | $74,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.21 |
| Median year structure was built | 1976 |
| Median Monthly Rent asked for vacant units | $392 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 7.70% |
| Home Equity Loan | 7.90% |
| Simple Mortgage | 51.40% |
| Debt Free | 33% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.1% |
