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DollarTimes.com > Mortgage > Alabama > Birmingham
Population: 242,820
Data Source:US Census Bureau. All figures are from year 2000 unless otherwise noted.
| U.S. | Alabama | Birmingham | |
|---|---|---|---|
| Median Earnings | $27,239 | $24,357 | $21,279 |
| Median Earnings, Males | $32,396 | $30,645 | $23,732 |
| Median Earnings, Females | $22,097 | $18,854 | $19,358 |
Males earn $4,374 (22.6%) more than Females in Birmingham.
Means of transportation to work, workers over 16 years old.
| Means of Transport | Number of People |
|---|---|
| Car, solo | 74,393 |
| Carpooled | 15,316 |
| Public Transit | 2,554 |
| Bicycle | 122 |
| Walking | 2,348 |
| Other Means | 866 |
| Total, Commuted | 95,599 |
| Worked from home | 1,126 |
| Total | 96,725 |
Time spent commuting in Birmingham
| Time spent in minutes | Number of People |
|---|---|
| Less than 5 | 1,426 |
| 5-9 | 7,310 |
| 10-14 | 13,905 |
| 15-19 | 21,187 |
| 20-24 | 19,137 |
| 25-29 | 5,705 |
| 30-34 | 15,650 |
| 35-39 | 1,718 |
| 40-44 | 1,589 |
| 45-59 | 3,549 |
| 60-89 | 2,264 |
| Over 90 | 2,159 |
| Level | Number of Males | Percent of Males | Number of Females | Percent of Females |
|---|---|---|---|---|
| Some College | 13,350 | 21.1% | 18,039 | 28.5% |
| Associate Degree | 4,453 | 7.0% | 5,417 | 8.6% |
| Bachelor's Degree | 8,205 | 13.0% | 11,948 | 18.9% |
| Master's Degree | 1,872 | 3.0% | 4,513 | 7.1% |
| Professional Degree | 1,469 | 2.3% | 1,327 | 2.1% |
| Doctorate Degree | 1,084 | 1.7% | 736 | 1.2% |
| Total (at least some college) | 30,433 | 48.1% | 41,980 | 54.2% |
| Total over 25 | 63,336 | 100% | 77,409 | 100% |
| U.S. | Alabama | Birmingham | |
|---|---|---|---|
| Median home value in year 2006 | $185,200 | $107,000 | $82,000 |
| U.S. | Alabama | Birmingham | |
|---|---|---|---|
| With a mortgage | $1,402 | $988 | $1,016 |
| Without a mortgage | $399 | $297 | $347 |
| Owner-occupied homes | 48,409 |
|---|---|
| Renter-occupied homes | 41,638 |
| Homes for sale | 2,224 |
| Homes for rent | 5,985 |
| Total | 109,966 |
Types of mortgages for owner-occupied Houses and Condos in Birmingham (2006)
| Mortgage Type | Number of Houses and Condos | Percent of total |
|---|---|---|
| Without a mortgage | 17,201 | 35.5% |
| First Mortgage Only | 24,837 | 51.3% |
| Second Mortgage and/or Home Equity Loan | 6,371 | 13.2% |
| Total | 48,409 | 100% |
| Males | Females |
|---|---|
| 31 | 36 |
What Will Your Monthly Payment Be?
This will calculate your approximate monthly mortgage payment based on the purchase price and your loan details.
This calculator is for fixed-rate mortgages. Adjustable-rate mortgages, or ARMs, may allow you to acheive lower payments in the short term. However, with ARMs, your monthly payment may increase if interest rates rise.