Lake Placid, FL Real Estate
According to census data in the year 2000 there were 736 housing units in Lake Placid.
This represents a 25.4% growth from 587 in 1990.
Of those housing units, 736 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Lake Placid is about 45.6%.
Lake Placid's vacancy rate, including seasonal lodging, is about 16.3%.
Average household size is 2.65 people.
The majority of houses, apartments or condos in Lake Placid were built after 1981.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 3.50% |
| One Bedroom | 24.90% |
| Two Bedrooms | 39.30% |
| Three Bedrooms | 28.10% |
| Four Bedrooms | 3.40% |
| Five Bedrooms or more | 0.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.26 |
| Median year structure was built | 1979 |
| Median Value of occupied units | $60,000 |
| Median Price asked for vacant units | $52,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.97 |
| Median year structure was built | 1982 |
| Median Monthly Rent asked for vacant units | $339 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 1.60% |
| Home Equity Loan | 3.20% |
| Simple Mortgage | 57.20% |
| Debt Free | 38% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.9% |
