Lake City, AR Real Estate
According to census data in the year 2000 there were 777 housing units in Lake City.
This represents a 4.4% growth from 744 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 777 were located in what is classified as a rural area.
Homeownership rate in Lake City is about 66.6%.
Lake City's vacancy rate, including seasonal lodging, is about 6%.
Average household size is 2.54 people.
The majority of houses, apartments or condos in Lake City were built after 1973.
|Housing Units by Size|
|Five Bedrooms or more||0.60%|
Owned Homes, Apartments and Condos
|Average Household Size||2.5|
|Median year structure was built||1973|
|Median Value of occupied units||$48,100|
|Median Price asked for vacant units||$70,000|
Rented Homes, Apartments and Condos
|Average Household Size||2.61|
|Median year structure was built||1971|
|Median Monthly Rent asked for vacant units||$360|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||1.80%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||15.9%|