Orange Beach, AL Real Estate
According to census data in the year 2000 there were 7,734 housing units in Orange Beach.
This represents a 75.9% growth from 4,398 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 7,734 were located in what is classified as a rural area.
Homeownership rate in Orange Beach is about 71.5%.
Orange Beach's vacancy rate, including seasonal lodging, is about 76.9%.
Average household size is 2.16 people.
The majority of houses, apartments or condos in Orange Beach were built after 1987.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1% |
| One Bedroom | 5.30% |
| Two Bedrooms | 38.80% |
| Three Bedrooms | 47.40% |
| Four Bedrooms | 5.90% |
| Five Bedrooms or more | 1.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.29 |
| Median year structure was built | 1988 |
| Median Value of occupied units | $204,500 |
| Median Price asked for vacant units | $189,400 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.82 |
| Median year structure was built | 1987 |
| Median Monthly Rent asked for vacant units | $658 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 3.60% |
| Home Equity Loan | 6.60% |
| Simple Mortgage | 48.60% |
| Debt Free | 41.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.3% |
