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Myrtlewood, AL Real Estate


According to census data in the year 2000 there were 105 housing units in Myrtlewood. This represents a 26.5% growth from 83 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 105 were located in what is classified as a rural area.

Homeownership rate in Myrtlewood is about 91.7%. Myrtlewood's vacancy rate, including seasonal lodging, is about 42.9%. Average household size is 2.52 people.

The majority of houses, apartments or condos in Myrtlewood were built after 1961.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom0%
Two Bedrooms36.20%
Three Bedrooms59%
Four Bedrooms4.80%
Five Bedrooms or more0%
As % of Housing Units
     

Owned Homes, Apartments and Condos

Average Household Size2.6
Median year structure was built1961
Median Value of occupied units$38,300

Rented Homes, Apartments and Condos

Average Household Size1.6
Median year structure was built1939

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0%
Home Equity Loan0%
Simple Mortgage7.50%
Debt Free92.50%
As % of Housing Units
   
Median part of Monthly Household Income dedicated to covering home ownership costs11.2%