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College, AK Real Estate


According to census data in the year 2000 there were 4,453 housing units in College. This represents a 4.7% growth from 4,255 in 1990.

Of those housing units, 4,078 were located in either urbanized areas or urban clusters, and 375 were located in what is classified as a rural area.

Homeownership rate in College is about 60.1%. College's vacancy rate, including seasonal lodging, is about 8.9%. Average household size is 2.64 people.

The majority of houses, apartments or condos in College were built after 1977.

Statistics

Housing Size

Housing Units by Size
Studio Type7.40%
One Bedroom17%
Two Bedrooms28%
Three Bedrooms29.70%
Four Bedrooms13.60%
Five Bedrooms or more4.20%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.91
Median year structure was built1978
Median Value of occupied units$144,100
Median Price asked for vacant units$89,000

Rented Homes, Apartments and Condos

Average Household Size2.24
Median year structure was built1976
Median Monthly Rent asked for vacant units$602

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage5.50%
Home Equity Loan4.40%
Simple Mortgage64.50%
Debt Free25.70%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs18.9%