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Montgomery, Alabama Mortgage and Housing Information
Population: 201,568
Data Source:US Census Bureau. All figures are from year 2000 unless otherwise noted.
Value of Houses and Condos
| U.S. | Alabama | Montgomery | |
|---|---|---|---|
| Median home value in year 2006 | $185,200 | $107,000 | $106,300 |
Monthly Owner Costs
| U.S. | Alabama | Montgomery | |
|---|---|---|---|
| With a mortgage | $1,402 | $988 | $985 |
| Without a mortgage | $399 | $297 | $323 |
Ownership of Houses and Condos
| Mortgage Type | Number of Houses and Condos | Percent of total |
|---|---|---|
| Without a mortgage | 13,816 | 27.4% |
| First Mortgage Only | 28,545 | 56.6% |
| Second Mortgage and/or Home Equity Loan | 8,045 | 16.0% |
| Total | 50,406 | 100% |
Tenancy in Montgomery
| Owner-occupied homes | 50,406 |
|---|---|
| Renter-occupied homes | 31,298 |
| Homes for sale | 995 |
| Homes for rent | 3,377 |
| Total | 91,901 |
Age of Montgomery Residents
| Males | 30 |
|---|---|
| Females | 34 |
Income
| U.S. | Alabama | Montgomery | |
|---|---|---|---|
| Median Earnings | $27,239 | $24,357 | $23,524 |
| Median Earnings, Males | $32,396 | $30,645 | $30,181 |
| Median Earnings, Females | $22,097 | $18,854 | $18,969 |
Males earn $11,212 (59.1%) more than Females in Montgomery.
Commuting in Montgomery
| Means of Transport | Number of People |
|---|---|
| Car, solo | 72,661 |
| Carpooled | 10,944 |
| Public Transit | 674 |
| Bicycle | 104 |
| Walking | 1,486 |
| Other Means | 604 |
| Total, Commuted | 86,473 |
| Worked from home | 1,516 |
| Total | 87,989 |
Time Spent Commuting in Montgomery
| Time spent in minutes | Number of People |
|---|---|
| Less than 5 | 2,270 |
| 5-9 | 9,246 |
| 10-14 | 17,361 |
| 15-19 | 23,062 |
| 20-24 | 16,870 |
| 25-29 | 4,029 |
| 30-34 | 7,354 |
| 35-39 | 917 |
| 40-44 | 623 |
| 45-59 | 1,951 |
| 60-89 | 1,288 |
| Over 90 | 1,502 |
Education
| Level | Number of Males | Percent of Males | Number of Females | Percent of Females |
|---|---|---|---|---|
| Some College | 10,383 | 18.3% | 14,765 | 26.1% |
| Associate Degree | 2,640 | 4.7% | 4,254 | 7.5% |
| Bachelor's Degree | 8,930 | 15.8% | 11,244 | 19.8% |
| Master's Degree | 5,316 | 9.4% | 5,038 | 8.9% |
| Professional Degree | 2,153 | 3.8% | 932 | 1.6% |
| Doctorate Degree | 793 | 1.4% | 859 | 1.5% |
| Total (at least some college) | 30,215 | 53.3% | 37,092 | 55.2% |
| Total over 25 | 56,668 | 100% | 67,219 | 100% |
Comments on Montgomery
Latest comment on Montgomery
July 24th, 2008
Maxwell Air Force Base is here as well as Alabama State University.
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July 24th, 2008
Maxwell Air Force Base is here as well as Alabama State University.
– Unregistered User