Cottonwood, AZ Real Estate
According to census data in the year 2000 there were 4,386 housing units in Cottonwood.
This represents a 58.5% growth from 2,768 in 1990.
Of those housing units, 4,299 were located in either urbanized areas or urban clusters, and 87 were located in what is classified as a rural area.
Homeownership rate in Cottonwood is about 53.3%.
Cottonwood's vacancy rate, including seasonal lodging, is about 10.4%.
Average household size is 2.29 people.
The majority of houses, apartments or condos in Cottonwood were built after 1984.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 3.80% |
| One Bedroom | 22% |
| Two Bedrooms | 38% |
| Three Bedrooms | 31.20% |
| Four Bedrooms | 3.90% |
| Five Bedrooms or more | 1.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.25 |
| Median year structure was built | 1983 |
| Median Value of occupied units | $106,800 |
| Median Price asked for vacant units | $80,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.32 |
| Median year structure was built | 1985 |
| Median Monthly Rent asked for vacant units | $540 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 6.40% |
| Home Equity Loan | 4.60% |
| Simple Mortgage | 42.40% |
| Debt Free | 46.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.1% |
