Lake Mills, WI Real Estate
According to census data in the year 2000 there were 2,076 housing units in Lake Mills.
This represents a 19.7% growth from 1,735 in 1990.
Of those housing units, 1,935 were located in either urbanized areas or urban clusters, and 141 were located in what is classified as a rural area.
Homeownership rate in Lake Mills is about 68.4%.
Lake Mills's vacancy rate, including seasonal lodging, is about 6.8%.
Average household size is 2.48 people.
The majority of houses, apartments or condos in Lake Mills were built after 1961.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.20% |
| One Bedroom | 8.30% |
| Two Bedrooms | 32% |
| Three Bedrooms | 42.90% |
| Four Bedrooms | 13.50% |
| Five Bedrooms or more | 2.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.78 |
| Median year structure was built | 1956 |
| Median Value of occupied units | $129,100 |
| Median Price asked for vacant units | $137,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.81 |
| Median year structure was built | 1970 |
| Median Monthly Rent asked for vacant units | $650 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.70% |
| Second Mortgage | 11% |
| Home Equity Loan | 15.50% |
| Simple Mortgage | 42.10% |
| Debt Free | 30.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 20.9% |
