Millbrook, AL Real Estate
According to census data in the year 2000 there were 3,852 housing units in Millbrook.
This represents a 78.9% growth from 2,153 in 1990.
Of those housing units, 3,469 were located in either urbanized areas or urban clusters, and 383 were located in what is classified as a rural area.
Homeownership rate in Millbrook is about 77.4%.
Millbrook's vacancy rate, including seasonal lodging, is about 6.3%.
Average household size is 2.84 people.
The majority of houses, apartments or condos in Millbrook were built after 1981.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 3.10% |
| Two Bedrooms | 13% |
| Three Bedrooms | 67% |
| Four Bedrooms | 15.30% |
| Five Bedrooms or more | 1.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.71 |
| Median year structure was built | 1981 |
| Median Value of occupied units | $91,200 |
| Median Price asked for vacant units | $93,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 3.29 |
| Median year structure was built | 1980 |
| Median Monthly Rent asked for vacant units | $484 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.80% |
| Second Mortgage | 10.60% |
| Home Equity Loan | 7.80% |
| Simple Mortgage | 63.30% |
| Debt Free | 17.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.5% |
