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Gadsden Metro Area Housing

 

As of 2010-2014, median price of a house in Gadsden Area is $100,400, which is lower than the state average of $123,800 and is much lower than the national average of $175,700. The median year that a house in Gadsden Area was built is 1972, which is older than the median year for a house built in the state which is 1981 and is older than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 28,337 Owner Occupied Houses in Gadsden Area, #636
Gadsden Area
100,400 USD
Alabama
123,800 USD
U.S.
175,700 USD
Median House Price Growth Since 2005-2009, see rank
Gadsden Area
5.35%
Alabama
45.48%
U.S.
46.91%

*The Gadsden Area median house price growth rate is since 2005-2009. The Alabama and U.S population growth rate is since 2000.
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Gadsden AreaAlabamaU.S.
Total Housing Units47,507, see rank, 100%2,190,638132,741,033
Occupied Housing Units40,001, 84.20%, see rank84.09%87.55%
Owner Occupied28,337, 59.65%, see rank58.17%56.34%
Renter Occupied11,664, 24.55%, see rank25.93%31.21%
Vacant Housing Units7,506, 15.80%, see rank15.91%12.45%
For Rent649, 1.37%, see rank2.61%2.34%
For Sale Only723, 1.52%, see rank1.54%1.20%
Rented or Sold, Not Occupied275, 0.58%, see rank1.25%0.92%
For Seasonal, Recreational, or Occasional Use854, 1.80%, see rank3.76%3.97%
For Migrant Workers0, 0.00%, see rank0.03%0.03%
Other Vacant5,005, 10.54%, see rank6.71%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #567
Gadsden AreaAlabamaU.S.
197219811976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Gadsden Area%AlabamaU.S.
Owner-Occupied Units28,337100%1,274,19674,787,460
With a Mortgage15,15753.49%, see rank58.96%65.58%
Without a Mortgage13,18046.51%, see rank41.04%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Gadsden Area
1,091 USD
Alabama
1,159 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsGadsden Area%AlabamaU.S.
$299 or Less220.15%, see rank0.23%0.20%
$300 to $4996084.01%, see rank2.96%1.59%
$500 to $6991,68711.13%, see rank9.57%5.01%
$700 to $9994,02226.54%, see rank24.89%14.32%
$1,000 to $1,4995,58336.83%, see rank34.17%27.90%
$1,500 to $1,9992,11113.93%, see rank16.11%20.35%
$2,000 to $2,9997554.98%, see rank9.13%19.52%
$3,000 or More3692.43%, see rank2.95%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Gadsden Area
22.30% of the Total Income
Alabama
21.70% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Gadsden Area%AlabamaU.S.
10% or Less8155.38%, see rank7.30%5.86%
10% to 20%5,64337.23%, see rank37.14%31.95%
20% to 30%3,92425.89%, see rank25.71%27.64%
30% to 40%1,78411.77%, see rank11.45%13.74%
40% or More2,88119.01%, see rank17.78%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Gadsden Area
340 USD
Alabama
349 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsGadsden Area%AlabamaU.S.
$199 or Less1,48111.24%, see rank11.83%7.76%
$200 to $2993,68427.95%, see rank24.55%14.70%
$300 to $4995,87844.60%, see rank42.72%34.63%
$500 to $6991,46711.13%, see rank14.46%21.16%
$700 or More6705.08%, see rank6.44%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Gadsden Area
12.70% of the Total Income
Alabama
11.40% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Gadsden Area%AlabamaU.S.
10% or Less5,01038.01%, see rank43.66%40.19%
10% to 20%4,51434.25%, see rank30.25%31.47%
20% to 30%1,58512.03%, see rank11.03%12.24%
30% to 40%9457.17%, see rank5.23%5.64%
40% or More9397.12%, see rank8.16%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Gadsden AreaAlabamaU.S.
Total Housing Units47,507, 100%2,190,638132,741,033
1-unit, Detached36,053, 75.89%, see rank68.53%61.65%
1-unit, Attached334, 0.70%, see rank1.66%5.82%
2 Units1,270, 2.67%, see rank2.09%3.75%
3 or 4 Units1,146, 2.41%, see rank2.93%4.43%
5 to 9 Units1,478, 3.11%, see rank4.20%4.78%
10 or More Units1,659, 3.49%, see rank6.84%13.08%
Mobile Home, Boat, RV, Van, etc.5,567, 11.72%, see rank13.74%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Gadsden AreaAlabamaU.S.
Total Housing Units47,507, 100%2,190,638132,741,033
1 Room294, 0.62%, see rank1.12%1.95%
2 Rooms580, 1.22%, see rank1.17%2.48%
3 Rooms2,729, 5.74%, see rank5.77%9.13%
4 Rooms6,372, 13.41%, see rank15.10%16.60%
5 Rooms11,349, 23.89%, see rank23.28%20.41%
6 Rooms11,663, 24.55%, see rank20.97%18.06%
7 Rooms6,015, 12.66%, see rank13.59%12.27%
8 Rooms4,008, 8.44%, see rank8.86%8.48%
9 Rooms or More4,497, 9.47%, see rank10.13%10.60%
Median Rooms5.70, see rank5.705.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Gadsden AreaAlabamaU.S.
Total Housing Units47,507, 100%2,190,638132,741,033
No Bedroom336, 0.71%, see rank1.21%2.17%
1 Bedroom2,586, 5.44%, see rank6.20%11.16%
2 Bedrooms12,680, 26.69%, see rank23.92%26.69%
3 Bedrooms24,783, 52.17%, see rank49.95%39.70%
4 Bedrooms5,867, 12.35%, see rank15.40%16.05%
5 or More Bedrooms1,255, 2.64%, see rank3.33%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Gadsden AreaAlabamaU.S.
Total Housing Units40,001, 100%1,842,174116,211,092
Utility Gas16,708, 41.77%, see rank29.16%48.85%
Bottled, Tank, or LP Gas2,561, 6.40%, see rank7.18%4.86%
Electricity20,056, 50.14%, see rank61.92%36.68%
Fuel Oil, Kerosene, etc.15, 0.04%, see rank0.21%5.86%
Coal or Coke0, 0.00%, see rank0.01%0.12%
Wood561, 1.40%, see rank1.11%2.12%
Solar Energy0, 0.00%, see rank0.01%0.05%
Other Fuel16, 0.04%, see rank0.09%0.47%
No Fuel Used84, 0.21%, see rank0.31%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalGadsden AreaAlabamaU.S.
Occupied Units Paying Rent10,062, 100%505,13639,201,928
$199 or Less311, 3.09%, see rank2.18%1.50%
$200 to $299694, 6.90%, see rank5.01%3.18%
$300 to $4991,994, 19.82%, see rank14.15%7.37%
$500 to $6993,552, 35.30%, see rank26.64%16.01%
$700 to $9992,586, 25.70%, see rank32.35%29.17%
$1,000 to $1,499805, 8.00%, see rank15.87%26.88%
$1,500 to $1,99919, 0.19%, see rank2.54%9.79%
$2,000 or More101, 1.00%, see rank1.26%6.10%
Median$627, see rank$715$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Gadsden AreaAlabamaU.S.
Occupied Housing Units40,001, 100%1,842,174116,211,092
No Vehicles Available2,791, 6.98%, see rank6.48%9.12%
1 Vehicles Available12,916, 32.29%, see rank32.94%33.80%
2 Vehicles Available14,640, 36.60%, see rank37.28%37.48%
3 or More Vehicles Available9,654, 24.13%, see rank23.30%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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