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River Falls, AL Real Estate


According to census data in the year 2000 there were 300 housing units in River Falls. This represents a 0.7% growth from 298 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 300 were located in what is classified as a rural area.

Homeownership rate in River Falls is about 76.7%. River Falls's vacancy rate, including seasonal lodging, is about 10%. Average household size is 2.2 people.

The majority of houses, apartments or condos in River Falls were built after 1972.

Statistics

Housing Size

Housing Units by Size
Studio Type0.70%
One Bedroom3%
Two Bedrooms34.70%
Three Bedrooms51.30%
Four Bedrooms9.30%
Five Bedrooms or more1%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.22
Median year structure was built1975
Median Value of occupied units$52,600

Rented Homes, Apartments and Condos

Average Household Size2.13
Median year structure was built1957
Median Monthly Rent asked for vacant units$183

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0%
Home Equity Loan5.90%
Simple Mortgage53.90%
Debt Free40.20%
As % of Housing Units
     
Median part of Monthly Household Income dedicated to covering home ownership costs16.8%