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Cottonwood, AZ Real Estate


According to census data in the year 2000 there were 4,386 housing units in Cottonwood. This represents a 58.5% growth from 2,768 in 1990.

Of those housing units, 4,299 were located in either urbanized areas or urban clusters, and 87 were located in what is classified as a rural area.

Homeownership rate in Cottonwood is about 53.3%. Cottonwood's vacancy rate, including seasonal lodging, is about 10.4%. Average household size is 2.29 people.

The majority of houses, apartments or condos in Cottonwood were built after 1984.

Statistics

Housing Size

Housing Units by Size
Studio Type3.80%
One Bedroom22%
Two Bedrooms38%
Three Bedrooms31.20%
Four Bedrooms3.90%
Five Bedrooms or more1.10%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.25
Median year structure was built1983
Median Value of occupied units$106,800
Median Price asked for vacant units$80,000

Rented Homes, Apartments and Condos

Average Household Size2.32
Median year structure was built1985
Median Monthly Rent asked for vacant units$540

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage6.40%
Home Equity Loan4.60%
Simple Mortgage42.40%
Debt Free46.60%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs16.1%