River Falls, AL Real Estate
According to census data in the year 2000 there were 300 housing units in River Falls.
This represents a 0.7% growth from 298 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 300 were located in what is classified as a rural area.
Homeownership rate in River Falls is about 76.7%.
River Falls's vacancy rate, including seasonal lodging, is about 10%.
Average household size is 2.2 people.
The majority of houses, apartments or condos in River Falls were built after 1972.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.70% |
| One Bedroom | 3% |
| Two Bedrooms | 34.70% |
| Three Bedrooms | 51.30% |
| Four Bedrooms | 9.30% |
| Five Bedrooms or more | 1% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.22 |
| Median year structure was built | 1975 |
| Median Value of occupied units | $52,600 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.13 |
| Median year structure was built | 1957 |
| Median Monthly Rent asked for vacant units | $183 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0% |
| Home Equity Loan | 5.90% |
| Simple Mortgage | 53.90% |
| Debt Free | 40.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.8% |
