Mountain Brook, AL Real Estate
According to census data in the year 2000 there were 8,243 housing units in Mountain Brook.
This represents a 1.4% growth from 8,127 in 1990.
Of those housing units, 8,243 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Mountain Brook is about 87.2%.
Mountain Brook's vacancy rate, including seasonal lodging, is about 2.9%.
Average household size is 2.61 people.
The majority of houses, apartments or condos in Mountain Brook were built after 1962.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.20% |
| One Bedroom | 4.10% |
| Two Bedrooms | 12.60% |
| Three Bedrooms | 29.50% |
| Four Bedrooms | 36.80% |
| Five Bedrooms or more | 16.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.78 |
| Median year structure was built | 1963 |
| Median Value of occupied units | $336,300 |
| Median Price asked for vacant units | $191,700 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.45 |
| Median year structure was built | 1949 |
| Median Monthly Rent asked for vacant units | $585 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 7.30% |
| Home Equity Loan | 16.50% |
| Simple Mortgage | 40.10% |
| Debt Free | 35.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.8% |
