Madrid, AL Real Estate
According to census data in the year 2000 there were 124 housing units in Madrid.
This represents a 24% growth from 100 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 124 were located in what is classified as a rural area.
Homeownership rate in Madrid is about 82.3%.
Madrid's vacancy rate, including seasonal lodging, is about 8.9%.
Average household size is 2.75 people.
The majority of houses, apartments or condos in Madrid were built after 1978.
|Housing Units by Size|
|Five Bedrooms or more||0.80%|
Owned Homes, Apartments and Condos
|Average Household Size||2.63|
|Median year structure was built||1980|
|Median Value of occupied units||$58,800|
|Median Price asked for vacant units||$33,800|
Rented Homes, Apartments and Condos
|Average Household Size||3.3|
|Median year structure was built||1970|
|Median Monthly Rent asked for vacant units||$99|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||0%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||16.3%|