Tallassee, AL Real Estate
According to census data in the year 2000 there were 2,261 housing units in Tallassee.
This represents a 1.8% decline from 2,302 in 1990.
Of those housing units, 1,814 were located in either urbanized areas or urban clusters, and 447 were located in what is classified as a rural area.
Homeownership rate in Tallassee is about 63.6%.
Tallassee's vacancy rate, including seasonal lodging, is about 10.9%.
Average household size is 2.25 people.
The majority of houses, apartments or condos in Tallassee were built after 1959.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.30% |
| One Bedroom | 13.50% |
| Two Bedrooms | 33.50% |
| Three Bedrooms | 41.60% |
| Four Bedrooms | 9% |
| Five Bedrooms or more | 2.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.23 |
| Median year structure was built | 1955 |
| Median Value of occupied units | $56,800 |
| Median Price asked for vacant units | $33,100 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.29 |
| Median year structure was built | 1963 |
| Median Monthly Rent asked for vacant units | $280 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 3.10% |
| Home Equity Loan | 8.40% |
| Simple Mortgage | 39.90% |
| Debt Free | 48.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.2% |
