Glencoe, AL Real Estate
According to census data in the year 2000 there were 2,036 housing units in Glencoe.
This represents a 13.3% growth from 1,797 in 1990.
Of those housing units, 1,304 were located in either urbanized areas or urban clusters, and 732 were located in what is classified as a rural area.
Homeownership rate in Glencoe is about 84.3%.
Glencoe's vacancy rate, including seasonal lodging, is about 5.6%.
Average household size is 2.47 people.
The majority of houses, apartments or condos in Glencoe were built after 1976.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.50% |
| One Bedroom | 3.20% |
| Two Bedrooms | 25.10% |
| Three Bedrooms | 54.60% |
| Four Bedrooms | 12.90% |
| Five Bedrooms or more | 3.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.6 |
| Median year structure was built | 1976 |
| Median Value of occupied units | $84,600 |
| Median Price asked for vacant units | $17,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.79 |
| Median year structure was built | 1974 |
| Median Monthly Rent asked for vacant units | $388 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 6.80% |
| Home Equity Loan | 4.80% |
| Simple Mortgage | 48.20% |
| Debt Free | 40.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.7% |
