Albany, GA Real Estate
According to census data in the year 2000 there were 32,168 housing units in Albany.
This represents a 5.1% growth from 30,603 in 1990.
Of those housing units, 31,895 were located in either urbanized areas or urban clusters, and 273 were located in what is classified as a rural area.
Homeownership rate in Albany is about 47.4%.
Albany's vacancy rate, including seasonal lodging, is about 10.8%.
Average household size is 2.54 people.
The majority of houses, apartments or condos in Albany were built after 1971.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.40% |
| One Bedroom | 13.90% |
| Two Bedrooms | 29.70% |
| Three Bedrooms | 44.50% |
| Four Bedrooms | 8.80% |
| Five Bedrooms or more | 0.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.63 |
| Median year structure was built | 1968 |
| Median Value of occupied units | $71,300 |
| Median Price asked for vacant units | $57,700 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.46 |
| Median year structure was built | 1974 |
| Median Monthly Rent asked for vacant units | $352 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.40% |
| Second Mortgage | 7.60% |
| Home Equity Loan | 6.60% |
| Simple Mortgage | 56% |
| Debt Free | 29.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.3% |
