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Albert Lea Housing, Costs

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Albert Lea Statistics
Albert Lea Statistics

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Albert Lea Housing, Costs

Monthly Albert Lea housing costs for owner-occupied housing units. Costs are in two categories, for owners with a mortgage, and without a mortgage. Costs are displayed in dollar amounts in the first table, and as a percentage of total income in the second table.


Housing costs

Number

Percent

Specified owner-occupied housing units

5,047

100.0%

 

 

 

With a mortgage

2,962

58.7%

Less than $200 monthly

0

0.0%

$200 - $299 monthly

38

1.3%

$300 - $399 monthly

186

6.3%

$400 - $499 monthly

353

11.9%

$500 - $599 monthly

437

14.8%

$600 - $699 monthly

528

17.8%

$700 - $799 monthly

310

10.5%

$800 - $899 monthly

267

9.0%

$900 - $999 monthly

176

5.9%

$1,000 - $1,499 monthly

503

17.0%

$1,500 - $1,999 monthly

117

4.0%

$2,000 - $2,499 monthly

38

1.3%

$2,500 - $2,999 monthly

6

0.2%

$3,000 or more monthly

3

0.1%

Median in dollars

688

 

 

 

 

Without a mortgage

2,085

41.3%

Less than $100 monthly

34

1.6%

$100 - $149 monthly

116

5.6%

$150 - $199 monthly

487

23.4%

$200 - $249 monthly

590

28.3%

$250 - $299 monthly

398

19.1%

$300 - $399 monthly

333

16.0%

$400 - $499 monthly

83

4.0%

$500 - $699 monthly

23

1.1%

$700 or more monthly

21

1.0%

Median in dollars

234

 


Housing costs as a percentage of monthly income (1999)

Number

Percent

With a mortgage

2,962

58.7%

Less than 20%

1,676

56.6%

20 - 24%

490

16.5%

25 - 29%

274

9.3%

30 - 34%

151

5.1%

35% or more

356

12.0%

Not computed

15

0.5%

Median

18.6%

 

 

 

 

Without a mortgage

2,085

41.3%

Less than 20%

1,746

83.7%

20 - 24%

110

5.3%

25 - 29%

66

3.2%

30 - 34%

55

2.6%

35% or more

89

4.3%

Not computed

19

0.9%

Median

10.1%

 





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