Gadsden, AL Real Estate

According to census data in the year 2000 there were 18,788 housing units in Gadsden. This represents a 1.9% decline from 19,146 in 1990.

Of those housing units, 18,518 were located in either urbanized areas or urban clusters, and 270 were located in what is classified as a rural area.

Homeownership rate in Gadsden is about 63.4%. Gadsden's vacancy rate, including seasonal lodging, is about 12.8%. Average household size is 2.28 people.

The majority of houses, apartments or condos in Gadsden were built after 1956.


Housing Size

Housing Units by Size
Studio Type1.20%
One Bedroom9.20%
Two Bedrooms37%
Three Bedrooms42%
Four Bedrooms9.30%
Five Bedrooms or more1.40%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.26
Median year structure was built1955
Median Value of occupied units$50,000
Median Price asked for vacant units$33,500

Rented Homes, Apartments and Condos

Average Household Size2.32
Median year structure was built1957
Median Monthly Rent asked for vacant units$300

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.10%
Second Mortgage3.70%
Home Equity Loan3.70%
Simple Mortgage40.60%
Debt Free51.80%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs14.9%