Home | Ask Your Question | Mortgage Glossary
Find me a lender for:  
Montgomery Alabama Real Estate By Jennifer Hershey

Montgomery Alabama Real Estate

Montgomery, Alabama, is located in Montgomery County, of , and 262 miles S of Nashville, Tennessee. Montgomery has a population of 201,568.

Montgomery Homes

Montgomery properties pool is 78,436 residential properties including Montgomery new homes. Median age of real estate in Montgomery is 1973. Average Household size is 3.06 people. 2% are one bedroom homes, 14% are 2 bedroom homes, 58% are 3 bedroom homes, 23% are 4 bedroom homes, and 3% are 5+ bedroom homes.

Montgomery Mortgage Statistics

Montgomery mortgages vs. USA median statistics

Homes Montgomery USA
Homes With No Mortgage 26%
30%
Homes With Mortgage 74%
70%
First Mortgage Only 59%
54%
First & Second Mortgage or HELOC 15%
16%

Montgomery Area Real Estate Tax

Montgomery Real estate Tax: Median Real Estate Taxes (2000) were $285 comparing to 1999 Median Family income $ 44,297. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).

Montgomery School District: Children make up 25.9% of Montgomery population. Montgomery has 52,292 under 18 years old residents, or 0.59 kids per one worker, or 0.67 kids per one household.

Montgomery Real Estate & Montgomery Homeownership

There are 23530.8 or 30% one person households, 24315.16 or 31% two person households, and 13334.12 or 17% three person households in Montgomery, Alabama. Median residents age is 32.9, Senior citizens (65+) make up 23,800 or 11.8%% of Montgomery population.

There are 87,989 workers (over 16 years of age) in Montgomery. Of these, 95.02% drive to work. Approximately 0.77% of workers in Montgomery take public transportation. An estimated 1.69% walk to work.

Median Montgomery homeowner's housing expences are 17.8%

Crime in Montgomery (2003), crimes per 10,000 residents per year

Type of Crime Montgomery USA, 2003
Violent Crimes
64.84
47.5
Robberies
32.64
14.2
Aggravated Assaults
25.6
29.5
Property Crimes
799.98
358.8
Burglaries
203.01
74.0
Larceny-Thefts
509.41
241.5
Motor Vehicle Thefts
87.56
43.3

Invest in Montgomery Properties

When making a decision about buying real estate in Montgomery Alabama area, you should consider following statistical data:

Category Montgomery USA
Near Medium City
-
Near Large City
Nashville, Tennessee
-
Montgomery Zip Codes
36104, 36105, 36106, 36107, 36108, 36109, 36110, 36111, 36112, 36113, 36114, 36115, 36116, 36117, 36119
-
Montgomery Area Codes
334
-
White population
47.67%
75.1%
African-American population
49.63%
12.3%
Asian
1.06%
3.6%
American Indian & Alaskan
0.25%
0.9%
Hispanic (of any race)
1.23%
12.5%
Median Family Income (1999)
$ 44,297%
$42,000
Population Below Poverty Level
16.9%
12.4%

Montgomery Alabama Real Estate page will be updated soon. Bookmark this page and come back later to review:

Montgomery Real Estate For Sale

Montgomery Rental Real Estate

Montgomery Real Estate Agency

Montgomery Real Estate Investors

 




See Also:

Successful Real Estate Investing
One of the best roads to wealth in America has always been the acclimation and development of good, solid, income-producing real estate. Real estate ownership is one of the best ways to achieve financial independence for the average person. But in order to be a successful real estate investor, you ... more...

Investing In Real Estate Investors
With the never-ending changes in our Real Estate Markets real estate professionals are starting to pay attention to the sound of new commission streams of income. Some realtors have either shied away or ran-away from such terms as Cap Rate, & Cash-on-Cash Returns. Terms that only the smart and ... more...

Reinventing Real Estate, Part 1: Online and Empowered Consumers Are Taking Charge and Paying Less
For decades, the real estate world turned in a predictable manner. The roles of buyers, sellers and real estate professionals were fairly well defined and transactions followed a predictable path of yard signs, newspaper ads, open houses and miles of paperwork.Recently, online and empowered ... more...

Real Estate Investing The Job Escape
Real estate investing is pretty unusual in lots of ways. Real estate investing is creative. Real estate investing is risk-taking excitement. Real estate investing is diverse activity. Most of all, real estate investing is very profitable.I'll never forget the words of one of my professors who said, ... more...


More on real estate...

Search More Info On:

  • Real Estate
  • Tennessee
  • Real Estate Tax
  • Mortgage
  • Mortgage Tax
  • Public Housing
  •  

    Shop For Your Mortgage Now!
    Shop For Your Mortgage Now!

    You'll be re-directed to Top-Lenders.com

    Want to Know Your Rate?
    Get Customized Mortgage Quote Instantly

     
    ExplainingMortgages © 2005 - 2009