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Lakeland, FL Real Estate


According to census data in the year 2000 there were 39,096 housing units in Lakeland. This represents a 11.9% growth from 34,933 in 1990.

Of those housing units, 37,359 were located in either urbanized areas or urban clusters, and 1,737 were located in what is classified as a rural area.

Homeownership rate in Lakeland is about 59.9%. Lakeland's vacancy rate, including seasonal lodging, is about 14.4%. Average household size is 2.23 people.

The majority of houses, apartments or condos in Lakeland were built after 1974.

Statistics

Housing Size

Housing Units by Size
Studio Type2.30%
One Bedroom14.70%
Two Bedrooms45.10%
Three Bedrooms29.70%
Four Bedrooms7%
Five Bedrooms or more1.20%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.27
Median year structure was built1974
Median Value of occupied units$81,100
Median Price asked for vacant units$74,300

Rented Homes, Apartments and Condos

Average Household Size2.16
Median year structure was built1974
Median Monthly Rent asked for vacant units$416

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.10%
Second Mortgage7.50%
Home Equity Loan5.70%
Simple Mortgage49.90%
Debt Free36.80%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs17.1%