Cherokee, AL Real Estate
According to census data in the year 2000 there were 559 housing units in Cherokee.
This represents a 11.7% decline from 633 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 559 were located in what is classified as a rural area.
Homeownership rate in Cherokee is about 77.4%.
Cherokee's vacancy rate, including seasonal lodging, is about 7.5%.
Average household size is 2.44 people.
The majority of houses, apartments or condos in Cherokee were built after 1968.
|Housing Units by Size|
|Five Bedrooms or more||1.60%|
Owned Homes, Apartments and Condos
|Average Household Size||2.38|
|Median year structure was built||1966|
|Median Value of occupied units||$54,300|
|Median Price asked for vacant units||$20,000|
Rented Homes, Apartments and Condos
|Average Household Size||2.64|
|Median year structure was built||1973|
|Median Monthly Rent asked for vacant units||$325|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||3.80%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||17.1%|