Bessemer, AL Real Estate
According to census data in the year 2000 there were 12,783 housing units in Bessemer.
This represents a 7.3% decline from 13,783 in 1990.
Of those housing units, 11,693 were located in either urbanized areas or urban clusters, and 1,090 were located in what is classified as a rural area.
Homeownership rate in Bessemer is about 58.9%.
Bessemer's vacancy rate, including seasonal lodging, is about 9%.
Average household size is 2.52 people.
The majority of houses, apartments or condos in Bessemer were built after 1961.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.30% |
| One Bedroom | 11.90% |
| Two Bedrooms | 35.30% |
| Three Bedrooms | 41.10% |
| Four Bedrooms | 8.30% |
| Five Bedrooms or more | 2.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.61 |
| Median year structure was built | 1959 |
| Median Value of occupied units | $56,500 |
| Median Price asked for vacant units | $31,900 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.39 |
| Median year structure was built | 1965 |
| Median Monthly Rent asked for vacant units | $276 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 6.50% |
| Home Equity Loan | 5.20% |
| Simple Mortgage | 45.40% |
| Debt Free | 42.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19% |
