Lake Village, AR Real Estate
According to census data in the year 2000 there were 1,223 housing units in Lake Village.
This represents a 10.7% growth from 1,105 in 1990.
Of those housing units, 1,137 were located in either urbanized areas or urban clusters, and 86 were located in what is classified as a rural area.
Homeownership rate in Lake Village is about 59.6%.
Lake Village's vacancy rate, including seasonal lodging, is about 12.3%.
Average household size is 2.5 people.
The majority of houses, apartments or condos in Lake Village were built after 1975.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.50% |
| One Bedroom | 14.70% |
| Two Bedrooms | 32.20% |
| Three Bedrooms | 39.10% |
| Four Bedrooms | 11.50% |
| Five Bedrooms or more | 0% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.7 |
| Median year structure was built | 1972 |
| Median Value of occupied units | $58,100 |
| Median Price asked for vacant units | $73,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.19 |
| Median year structure was built | 1978 |
| Median Monthly Rent asked for vacant units | $279 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 3.80% |
| Home Equity Loan | 0.90% |
| Simple Mortgage | 48.20% |
| Debt Free | 47.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.1% |
