Pennington, AL Real Estate
According to census data in the year 2000 there were 178 housing units in Pennington.
This represents a 19.5% growth from 149 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 178 were located in what is classified as a rural area.
Homeownership rate in Pennington is about 87.8%.
Pennington's vacancy rate, including seasonal lodging, is about 21.9%.
Average household size is 2.52 people.
The majority of houses, apartments or condos in Pennington were built after 1975.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.10% |
| One Bedroom | 2.80% |
| Two Bedrooms | 23% |
| Three Bedrooms | 52.20% |
| Four Bedrooms | 11.20% |
| Five Bedrooms or more | 9.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.51 |
| Median year structure was built | 1975 |
| Median Value of occupied units | $69,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.59 |
| Median year structure was built | 1973 |
| Median Monthly Rent asked for vacant units | $431 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0% |
| Home Equity Loan | 0% |
| Simple Mortgage | 25.40% |
| Debt Free | 74.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 9.9% |
