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Lake George, NY Real Estate


According to census data in the year 2000 there were 578 housing units in Lake George. This represents a 6.6% growth from 542 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 578 were located in what is classified as a rural area.

Homeownership rate in Lake George is about 48.6%. Lake George's vacancy rate, including seasonal lodging, is about 22.3%. Average household size is 2.18 people.

The majority of houses, apartments or condos in Lake George were built after 1955.

Statistics

Housing Size

Housing Units by Size
Studio Type3.80%
One Bedroom22.30%
Two Bedrooms31.70%
Three Bedrooms27.20%
Four Bedrooms11.40%
Five Bedrooms or more3.60%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.48
Median year structure was built1943
Median Value of occupied units$96,900
Median Price asked for vacant units$98,800

Rented Homes, Apartments and Condos

Average Household Size1.9
Median year structure was built1961
Median Monthly Rent asked for vacant units$402

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2.50%
Home Equity Loan9.90%
Simple Mortgage56.50%
Debt Free31.10%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs22.1%