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Lauderdale Lakes, FL Real Estate


According to census data in the year 2000 there were 14,351 housing units in Lauderdale Lakes. This represents a 3.1% growth from 13,921 in 1990.

Of those housing units, 14,351 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Lauderdale Lakes is about 61.8%. Lauderdale Lakes's vacancy rate, including seasonal lodging, is about 15.7%. Average household size is 2.58 people.

The majority of houses, apartments or condos in Lauderdale Lakes were built after 1975.

Statistics

Housing Size

Housing Units by Size
Studio Type4.20%
One Bedroom26.10%
Two Bedrooms50.60%
Three Bedrooms15.50%
Four Bedrooms3.30%
Five Bedrooms or more0.30%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.4
Median year structure was built1973
Median Value of occupied units$94,900
Median Price asked for vacant units$97,100

Rented Homes, Apartments and Condos

Average Household Size2.87
Median year structure was built1977
Median Monthly Rent asked for vacant units$596

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage11.50%
Home Equity Loan6.40%
Simple Mortgage68.90%
Debt Free13.20%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs27.9%