Meadowbrook, AL Real Estate
According to census data in the year 2000 there were 1,676 housing units in Meadowbrook.
This represents a 4.8% decline from 1,760 in 1990.
Of those housing units, 1,676 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Meadowbrook is about 85%.
Meadowbrook's vacancy rate, including seasonal lodging, is about 1.7%.
Average household size is 2.79 people.
The majority of houses, apartments or condos in Meadowbrook were built after 1986.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 5% |
| Two Bedrooms | 10.40% |
| Three Bedrooms | 36% |
| Four Bedrooms | 34.70% |
| Five Bedrooms or more | 13.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.96 |
| Median year structure was built | 1986 |
| Median Value of occupied units | $219,600 |
| Median Price asked for vacant units | $137,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.78 |
| Median year structure was built | 1985 |
| Median Monthly Rent asked for vacant units | $775 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 7.40% |
| Home Equity Loan | 16% |
| Simple Mortgage | 56.60% |
| Debt Free | 20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.1% |
