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Albany Housing, Costs

Monthly Albany 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

7,989

100.0%

 

 

 

With a mortgage

6,221

77.9%

Less than $200 monthly

0

0.0%

$200 - $299 monthly

7

0.1%

$300 - $399 monthly

32

0.5%

$400 - $499 monthly

108

1.7%

$500 - $599 monthly

319

5.1%

$600 - $699 monthly

404

6.5%

$700 - $799 monthly

489

7.9%

$800 - $899 monthly

704

11.3%

$900 - $999 monthly

573

9.2%

$1,000 - $1,499 monthly

2,662

42.8%

$1,500 - $1,999 monthly

717

11.5%

$2,000 - $2,499 monthly

167

2.7%

$2,500 - $2,999 monthly

22

0.4%

$3,000 or more monthly

17

0.3%

Median in dollars

1,068

 

 

 

 

Without a mortgage

1,768

22.1%

Less than $100 monthly

9

0.5%

$100 - $149 monthly

48

2.7%

$150 - $199 monthly

68

3.8%

$200 - $249 monthly

208

11.8%

$250 - $299 monthly

418

23.6%

$300 - $399 monthly

636

36.0%

$400 - $499 monthly

201

11.4%

$500 - $699 monthly

132

7.5%

$700 or more monthly

48

2.7%

Median in dollars

317

 


Housing costs as a percentage of monthly income (1999)

Number

Percent

With a mortgage

6,221

77.9%

Less than 20%

2,378

38.2%

20 - 24%

1,295

20.8%

25 - 29%

794

12.8%

30 - 34%

601

9.7%

35% or more

1,135

18.2%

Not computed

18

0.3%

Median

22.8%

 

 

 

 

Without a mortgage

1,768

22.1%

Less than 20%

1,420

80.3%

20 - 24%

93

5.3%

25 - 29%

93

5.3%

30 - 34%

39

2.2%

35% or more

116

6.6%

Not computed

7

0.4%

Median

11.2%

 





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