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Riverside, AL Real Estate


According to census data in the year 2000 there were 810 housing units in Riverside. This represents a 63% growth from 497 in 1990.

Of those housing units, 119 were located in either urbanized areas or urban clusters, and 691 were located in what is classified as a rural area.

Homeownership rate in Riverside is about 66.9%. Riverside's vacancy rate, including seasonal lodging, is about 17.3%. Average household size is 2.37 people.

The majority of houses, apartments or condos in Riverside were built after 1985.

Statistics

Housing Size

Housing Units by Size
Studio Type0.40%
One Bedroom6.80%
Two Bedrooms41.10%
Three Bedrooms43.30%
Four Bedrooms6.90%
Five Bedrooms or more1.50%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.57
Median year structure was built1986
Median Value of occupied units$127,900
Median Price asked for vacant units$129,200

Rented Homes, Apartments and Condos

Average Household Size1.98
Median year structure was built1982
Median Monthly Rent asked for vacant units$425

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage5.20%
Home Equity Loan3.70%
Simple Mortgage63.10%
Debt Free28%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs16.7%