Lake Waccamaw, NC Real Estate
According to census data in the year 2000 there were 759 housing units in Lake Waccamaw.
This represents a 57.5% growth from 482 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 759 were located in what is classified as a rural area.
Homeownership rate in Lake Waccamaw is about 75.6%.
Lake Waccamaw's vacancy rate, including seasonal lodging, is about 34.1%.
Average household size is 2.18 people.
The majority of houses, apartments or condos in Lake Waccamaw were built after 1975.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.30% |
| One Bedroom | 2.50% |
| Two Bedrooms | 18.60% |
| Three Bedrooms | 59.30% |
| Four Bedrooms | 16.60% |
| Five Bedrooms or more | 2.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.17 |
| Median year structure was built | 1977 |
| Median Value of occupied units | $140,400 |
| Median Price asked for vacant units | $235,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.21 |
| Median year structure was built | 1968 |
| Median Monthly Rent asked for vacant units | $325 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 1.80% |
| Second Mortgage | 6% |
| Home Equity Loan | 14.90% |
| Simple Mortgage | 28.60% |
| Debt Free | 48.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.8% |
