Oak Grove, AL Real Estate
According to census data in the year 2000 there were 190 housing units in Oak Grove.
This represents a 2.7% growth from 185 in 1990.
Of those housing units, 63 were located in either urbanized areas or urban clusters, and 127 were located in what is classified as a rural area.
Homeownership rate in Oak Grove is about 68.2%.
Oak Grove's vacancy rate, including seasonal lodging, is about 5.8%.
Average household size is 2.57 people.
The majority of houses, apartments or condos in Oak Grove were built after 1974.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 1.60% |
| Two Bedrooms | 35.80% |
| Three Bedrooms | 55.80% |
| Four Bedrooms | 5.80% |
| Five Bedrooms or more | 1.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.57 |
| Median year structure was built | 1981 |
| Median Value of occupied units | $61,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.56 |
| Median year structure was built | 1965 |
| Median Monthly Rent asked for vacant units | $150 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 6.60% |
| Home Equity Loan | 3.30% |
| Simple Mortgage | 37.70% |
| Debt Free | 52.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 13.1% |
