 |
|
|
|
Algoma has 1,493 housing units, combining houses, condominiums, and apartments. About 73% of housing units in the city are owner-occupied.
About 54% of owner-occupied housing units in Algoma have a mortgage of one type or another. Approximately 15% of housing units in the city carry a second mortgage or home equity loan.
Mortgage and interest rate quotes for the Algoma area (or anywhere else you choose in the US) are available, without obligation or credit checks:
| Category | Value |
|---|---|
| Homes With No Mortgage | 46% |
| With A Mortgage | 54% |
| First Mortgage Only | 38% |
| Second Mortgage or Home Equity Loan | 15% |
| Second Mortgage Only | 6% |
| Home Equity Loan Only | 9% |
| Category | Value |
|---|---|
| Owner Costs as % of Income | 16.9% |
| Median Real Estate Taxes (2000) | $1,492 |
| Category | Value |
|---|---|
| Total Occupied | 1,493 |
| 1-Person Households | 36% |
| 2-Person Households | 36% |
| 3-Person Households | 12% |
| 4-Person Households | 10% |
| 5-Person Households | 4% |
| 6-Person Households | 2% |
| 7+-Person Households | 1% |
| Category | Value |
|---|---|
| Median Year Built | 1954 |
| Median Year Built (Owner Occupied) | 1955 |
| Median Year Built (Renter Occupied) | 1952 |
| Category | Value |
|---|---|
| Using Utility Co. Gas Heat | 88% |
| Using Bottled/Tank Gas Heat | 1% |
| Using Electric Heat | 2% |
| Using Oil Heat | 10% |
| Using Coal | 0% |
| Using Wood Heating | 0% |
| Using Solar Heat | 0% |
| Other Heating | 0% |
| No Heating | 0% |
| Category | Value |
|---|---|
| No Bedrooms | 1% |
| 1 Bedroom | 3% |
| 2 Bedrooms | 24% |
| 3 Bedrooms | 53% |
| 4 Bedrooms | 18% |
| 5+ Bedrooms | 2% |
Rate quotes from multiple lenders for the Algoma area:
Webmasters & Bloggers: Please link to this page on Algoma. Just copy the HTML below and paste it into your web page or blog.
 | Algoma Hotels & Travel Algoma hotels, landmarks, tourism, transportation. |
Copyright © 2004-2008, Moving Traffic, Inc. All Rights Reserved.
Moving Traffic, Inc., operator of CityTownInfo.com, is not a broker or a lender, and all offers for loans or mortgages found on this site are made solely by the advertiser.