Tuscaloosa, AL Real Estate
According to census data in the year 2000 there were 34,969 housing units in Tuscaloosa.
This represents a 12.1% growth from 31,194 in 1990.
Of those housing units, 34,313 were located in either urbanized areas or urban clusters, and 656 were located in what is classified as a rural area.
Homeownership rate in Tuscaloosa is about 48.1%.
Tuscaloosa's vacancy rate, including seasonal lodging, is about 9.9%.
Average household size is 2.23 people.
The majority of houses, apartments or condos in Tuscaloosa were built after 1973.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2% |
| One Bedroom | 17.60% |
| Two Bedrooms | 31.40% |
| Three Bedrooms | 34.70% |
| Four Bedrooms | 11.90% |
| Five Bedrooms or more | 2.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.53 |
| Median year structure was built | 1971 |
| Median Value of occupied units | $99,600 |
| Median Price asked for vacant units | $81,700 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.95 |
| Median year structure was built | 1975 |
| Median Monthly Rent asked for vacant units | $375 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.20% |
| Second Mortgage | 5.90% |
| Home Equity Loan | 8.10% |
| Simple Mortgage | 52.80% |
| Debt Free | 33% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.7% |
