Ft. Payne, AL Real Estate
According to census data in the year 2000 there were 5,633 housing units in Ft. Payne.
This represents a 7.6% growth from 5,236 in 1990.
Of those housing units, 3,192 were located in either urbanized areas or urban clusters, and 2,441 were located in what is classified as a rural area.
Homeownership rate in Ft. Payne is about 69.7%.
Ft. Payne's vacancy rate, including seasonal lodging, is about 9.8%.
Average household size is 2.51 people.
The majority of houses, apartments or condos in Ft. Payne were built after 1972.
|Housing Units by Size|
|Five Bedrooms or more||3%|
Owned Homes, Apartments and Condos
|Average Household Size||2.61|
|Median year structure was built||1973|
|Median Value of occupied units||$72,100|
|Median Price asked for vacant units||$42,500|
Rented Homes, Apartments and Condos
|Average Household Size||2.29|
|Median year structure was built||1968|
|Median Monthly Rent asked for vacant units||$334|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||6.40%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||15.2%|