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Muscle Shoals, AL Real Estate


According to census data in the year 2000 there were 5,033 housing units in Muscle Shoals. This represents a 31.1% growth from 3,838 in 1990.

Of those housing units, 4,751 were located in either urbanized areas or urban clusters, and 282 were located in what is classified as a rural area.

Homeownership rate in Muscle Shoals is about 74.9%. Muscle Shoals's vacancy rate, including seasonal lodging, is about 5.7%. Average household size is 2.48 people.

The majority of houses, apartments or condos in Muscle Shoals were built after 1978.

Statistics

Housing Size

Housing Units by Size
Studio Type0.20%
One Bedroom5.40%
Two Bedrooms24.10%
Three Bedrooms52.70%
Four Bedrooms15.50%
Five Bedrooms or more2.10%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.7
Median year structure was built1976
Median Value of occupied units$88,800
Median Price asked for vacant units$69,500

Rented Homes, Apartments and Condos

Average Household Size1.83
Median year structure was built1984
Median Monthly Rent asked for vacant units$365

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage7.70%
Home Equity Loan9.10%
Simple Mortgage50.20%
Debt Free33.10%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs17.7%