Grand Bay, AL Real Estate
According to census data in the year 2000 there were 1,474 housing units in Grand Bay.
This represents a 18.4% growth from 1,245 in 1990.
Of those housing units, 801 were located in either urbanized areas or urban clusters, and 673 were located in what is classified as a rural area.
Homeownership rate in Grand Bay is about 81.4%.
Grand Bay's vacancy rate, including seasonal lodging, is about 5.6%.
Average household size is 2.89 people.
The majority of houses, apartments or condos in Grand Bay were built after 1976.
|Housing Units by Size|
|Five Bedrooms or more||1.20%|
Owned Homes, Apartments and Condos
|Average Household Size||2.88|
|Median year structure was built||1976|
|Median Value of occupied units||$76,500|
|Median Price asked for vacant units||$65,000|
Rented Homes, Apartments and Condos
|Average Household Size||2.92|
|Median year structure was built||1986|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||4.80%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||15.4%|