Lake City, SD Real Estate
According to census data in the year 2000 there were 20 housing units in Lake City.
This represents a 28.6% decline from 28 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 20 were located in what is classified as a rural area.
Homeownership rate in Lake City is about 93.8%.
Lake City's vacancy rate, including seasonal lodging, is about 20%.
Average household size is 1.56 people.
The majority of houses, apartments or condos in Lake City were built after 1945.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 20% |
| Two Bedrooms | 50% |
| Three Bedrooms | 20% |
| Four Bedrooms | 10% |
| Five Bedrooms or more | 0% |
Owned Homes, Apartments and Condos
| Average Household Size | 1.6 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $14,200 |
Rented Homes, Apartments and Condos
| Average Household Size | 1 |
| Median year structure was built | 1975 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0% |
| Home Equity Loan | 0% |
| Simple Mortgage | 15.40% |
| Debt Free | 84.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.4% |
