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Rainbow City Housing, Costs

Monthly Rainbow City 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

2,086

100.0%

 

 

 

With a mortgage

1,164

55.8%

Less than $200 monthly

0

0.0%

$200 - $299 monthly

9

0.8%

$300 - $399 monthly

26

2.2%

$400 - $499 monthly

25

2.1%

$500 - $599 monthly

87

7.5%

$600 - $699 monthly

97

8.3%

$700 - $799 monthly

94

8.1%

$800 - $899 monthly

228

19.6%

$900 - $999 monthly

115

9.9%

$1,000 - $1,499 monthly

359

30.8%

$1,500 - $1,999 monthly

76

6.5%

$2,000 - $2,499 monthly

39

3.4%

$2,500 - $2,999 monthly

9

0.8%

$3,000 or more monthly

0

0.0%

Median in dollars

914

 

 

 

 

Without a mortgage

922

44.2%

Less than $100 monthly

17

1.8%

$100 - $149 monthly

99

10.7%

$150 - $199 monthly

167

18.1%

$200 - $249 monthly

217

23.5%

$250 - $299 monthly

150

16.3%

$300 - $399 monthly

211

22.9%

$400 - $499 monthly

51

5.5%

$500 - $699 monthly

0

0.0%

$700 or more monthly

10

1.1%

Median in dollars

241

 


Housing costs as a percentage of monthly income (1999)

Number

Percent

With a mortgage

1,164

55.8%

Less than 20%

588

50.5%

20 - 24%

135

11.6%

25 - 29%

133

11.4%

30 - 34%

87

7.5%

35% or more

221

19.0%

Not computed

0

0.0%

Median

19.9%

 

 

 

 

Without a mortgage

922

44.2%

Less than 20%

772

83.7%

20 - 24%

46

5.0%

25 - 29%

20

2.2%

30 - 34%

25

2.7%

35% or more

48

5.2%

Not computed

11

1.2%

Median

10.0%

 





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