Alger, OH Real Estate
According to census data in the year 2000 there were 412 housing units in Alger.
This represents a 24.8% growth from 330 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 412 were located in what is classified as a rural area.
Homeownership rate in Alger is about 68.1%.
Alger's vacancy rate, including seasonal lodging, is about 8%.
Average household size is 2.41 people.
The majority of houses, apartments or condos in Alger were built after 1962.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.50% |
| One Bedroom | 12.40% |
| Two Bedrooms | 36.40% |
| Three Bedrooms | 43.40% |
| Four Bedrooms | 6.30% |
| Five Bedrooms or more | 1% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.31 |
| Median year structure was built | 1956 |
| Median Value of occupied units | $53,600 |
| Median Price asked for vacant units | $55,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.63 |
| Median year structure was built | 1979 |
| Median Monthly Rent asked for vacant units | $275 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 6.30% |
| Home Equity Loan | 3.60% |
| Simple Mortgage | 49.80% |
| Debt Free | 40.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.7% |
