Lake Worth, FL Real Estate
According to census data in the year 2000 there were 15,893 housing units in Lake Worth.
This represents a 1.7% growth from 15,632 in 1990.
Of those housing units, 15,893 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 Worth is about 52.3%.
Lake Worth's vacancy rate, including seasonal lodging, is about 12.8%.
Average household size is 2.49 people.
The majority of houses, apartments or condos in Lake Worth were built after 1961.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 7.80% |
| One Bedroom | 28.80% |
| Two Bedrooms | 41.50% |
| Three Bedrooms | 18% |
| Four Bedrooms | 3.40% |
| Five Bedrooms or more | 0.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.45 |
| Median year structure was built | 1960 |
| Median Value of occupied units | $81,800 |
| Median Price asked for vacant units | $60,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.54 |
| Median year structure was built | 1963 |
| Median Monthly Rent asked for vacant units | $550 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.50% |
| Second Mortgage | 8.80% |
| Home Equity Loan | 4.60% |
| Simple Mortgage | 57% |
| Debt Free | 29% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 21.3% |
