Highland Lake, AL Real Estate
According to census data in the year 2000 there were 209 housing units in Highland Lake.
This represents a 17.4% growth from 178 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 209 were located in what is classified as a rural area.
Homeownership rate in Highland Lake is about 96.3%.
Highland Lake's vacancy rate, including seasonal lodging, is about 23%.
Average household size is 2.3 people.
The majority of houses, apartments or condos in Highland Lake were built after 1972.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 4.80% |
| Two Bedrooms | 37.80% |
| Three Bedrooms | 41.10% |
| Four Bedrooms | 15.30% |
| Five Bedrooms or more | 1% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.31 |
| Median year structure was built | 1973 |
| Median Value of occupied units | $112,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.17 |
| Median year structure was built | 1965 |
| Median Monthly Rent asked for vacant units | $325 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5.10% |
| Home Equity Loan | 8.80% |
| Simple Mortgage | 41.90% |
| Debt Free | 44.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 13% |
