Lake City, PA Real Estate
According to census data in the year 2000 there were 1,074 housing units in Lake City.
This represents a 16.6% growth from 921 in 1990.
Of those housing units, 1,074 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 City is about 79.1%.
Lake City's vacancy rate, including seasonal lodging, is about 4.7%.
Average household size is 2.74 people.
The majority of houses, apartments or condos in Lake City were built after 1961.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 3% |
| Two Bedrooms | 27.30% |
| Three Bedrooms | 52% |
| Four Bedrooms | 14.40% |
| Five Bedrooms or more | 3.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.75 |
| Median year structure was built | 1963 |
| Median Value of occupied units | $81,100 |
| Median Price asked for vacant units | $51,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.68 |
| Median year structure was built | 1960 |
| Median Monthly Rent asked for vacant units | $325 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 8.90% |
| Home Equity Loan | 12.70% |
| Simple Mortgage | 48% |
| Debt Free | 30.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.7% |
