Margaret, AL Real Estate
According to census data in the year 2000 there were 450 housing units in Margaret.
This represents a 116.3% growth from 208 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 450 were located in what is classified as a rural area.
Homeownership rate in Margaret is about 78.4%.
Margaret's vacancy rate, including seasonal lodging, is about 12.7%.
Average household size is 2.99 people.
The majority of houses, apartments or condos in Margaret were built after 1981.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 7.60% |
| Two Bedrooms | 34.70% |
| Three Bedrooms | 43.30% |
| Four Bedrooms | 12% |
| Five Bedrooms or more | 2.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.05 |
| Median year structure was built | 1983 |
| Median Value of occupied units | $51,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.8 |
| Median year structure was built | 1977 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 3.40% |
| Home Equity Loan | 9.30% |
| Simple Mortgage | 34.70% |
| Debt Free | 52.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.4% |
