Marion, AL Real Estate
According to census data in the year 2000 there were 1,384 housing units in Marion.
This represents a 5.1% decline from 1,459 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 1,384 were located in what is classified as a rural area.
Homeownership rate in Marion is about 65.7%.
Marion's vacancy rate, including seasonal lodging, is about 15%.
Average household size is 2.55 people.
The majority of houses, apartments or condos in Marion were built after 1969.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.40% |
| One Bedroom | 9% |
| Two Bedrooms | 25.60% |
| Three Bedrooms | 49.90% |
| Four Bedrooms | 10.70% |
| Five Bedrooms or more | 4.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.51 |
| Median year structure was built | 1964 |
| Median Value of occupied units | $58,400 |
| Median Price asked for vacant units | $45,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.63 |
| Median year structure was built | 1977 |
| Median Monthly Rent asked for vacant units | $148 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0% |
| Home Equity Loan | 4.80% |
| Simple Mortgage | 38.40% |
| Debt Free | 56.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.4% |
