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Loachapoka, AL Real Estate


According to census data in the year 2000 there were 79 housing units in Loachapoka. This represents a 42.3% decline from 137 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 79 were located in what is classified as a rural area.

Homeownership rate in Loachapoka is about 83.6%. Loachapoka's vacancy rate, including seasonal lodging, is about 15.2%. Average household size is 2.04 people.

The majority of houses, apartments or condos in Loachapoka were built after 1974.

Statistics

Housing Size

Housing Units by Size
Studio Type2.50%
One Bedroom0%
Two Bedrooms36.70%
Three Bedrooms36.70%
Four Bedrooms24.10%
Five Bedrooms or more0%
As % of Housing Units
       

Owned Homes, Apartments and Condos

Average Household Size2.14
Median year structure was built1975
Median Value of occupied units$100,000

Rented Homes, Apartments and Condos

Average Household Size1.55
Median year structure was built1939
Median Monthly Rent asked for vacant units$192

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage14.70%
Home Equity Loan23.50%
Simple Mortgage50%
Debt Free11.80%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs21.3%