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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

2,795

100.0%

 

 

 

With a mortgage

2,012

72.0%

Less than $200 monthly

0

0.0%

$200 - $299 monthly

0

0.0%

$300 - $399 monthly

0

0.0%

$400 - $499 monthly

0

0.0%

$500 - $599 monthly

30

1.5%

$600 - $699 monthly

26

1.3%

$700 - $799 monthly

59

2.9%

$800 - $899 monthly

43

2.1%

$900 - $999 monthly

63

3.1%

$1,000 - $1,499 monthly

408

20.3%

$1,500 - $1,999 monthly

543

27.0%

$2,000 - $2,499 monthly

564

28.0%

$2,500 - $2,999 monthly

141

7.0%

$3,000 or more monthly

135

6.7%

Median in dollars

1,864

 

 

 

 

Without a mortgage

783

28.0%

Less than $100 monthly

0

0.0%

$100 - $149 monthly

0

0.0%

$150 - $199 monthly

33

4.2%

$200 - $249 monthly

123

15.7%

$250 - $299 monthly

97

12.4%

$300 - $399 monthly

247

31.5%

$400 - $499 monthly

126

16.1%

$500 - $699 monthly

92

11.7%

$700 or more monthly

65

8.3%

Median in dollars

351

 


Housing costs as a percentage of monthly income (1999)

Number

Percent

With a mortgage

2,012

72.0%

Less than 20%

568

28.2%

20 - 24%

305

15.2%

25 - 29%

347

17.2%

30 - 34%

229

11.4%

35% or more

555

27.6%

Not computed

8

0.4%

Median

26.9%

 

 

 

 

Without a mortgage

783

28.0%

Less than 20%

580

74.1%

20 - 24%

46

5.9%

25 - 29%

15

1.9%

30 - 34%

19

2.4%

35% or more

109

13.9%

Not computed

14

1.8%

Median

12.0%

 





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