Riverside, AL Real Estate
According to census data in the year 2000 there were 810 housing units in Riverside.
This represents a 63% growth from 497 in 1990.
Of those housing units, 119 were located in either urbanized areas or urban clusters, and 691 were located in what is classified as a rural area.
Homeownership rate in Riverside is about 66.9%.
Riverside's vacancy rate, including seasonal lodging, is about 17.3%.
Average household size is 2.37 people.
The majority of houses, apartments or condos in Riverside were built after 1985.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.40% |
| One Bedroom | 6.80% |
| Two Bedrooms | 41.10% |
| Three Bedrooms | 43.30% |
| Four Bedrooms | 6.90% |
| Five Bedrooms or more | 1.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.57 |
| Median year structure was built | 1986 |
| Median Value of occupied units | $127,900 |
| Median Price asked for vacant units | $129,200 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.98 |
| Median year structure was built | 1982 |
| Median Monthly Rent asked for vacant units | $425 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5.20% |
| Home Equity Loan | 3.70% |
| Simple Mortgage | 63.10% |
| Debt Free | 28% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.7% |
