Reece City, AL Real Estate
According to census data in the year 2000 there were 260 housing units in Reece City.
This represents a 1.5% decline from 264 in 1990.
Of those housing units, 191 were located in either urbanized areas or urban clusters, and 69 were located in what is classified as a rural area.
Homeownership rate in Reece City is about 85.3%.
Reece City's vacancy rate, including seasonal lodging, is about 10.8%.
Average household size is 2.59 people.
The majority of houses, apartments or condos in Reece City were built after 1972.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.80% |
| One Bedroom | 1.50% |
| Two Bedrooms | 32.30% |
| Three Bedrooms | 57.70% |
| Four Bedrooms | 6.20% |
| Five Bedrooms or more | 1.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.69 |
| Median year structure was built | 1973 |
| Median Value of occupied units | $71,100 |
| Median Price asked for vacant units | $22,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.06 |
| Median year structure was built | 1960 |
| Median Monthly Rent asked for vacant units | $300 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 6.80% |
| Home Equity Loan | 1.90% |
| Simple Mortgage | 42.90% |
| Debt Free | 48.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 12% |
