Lynwood, CA Real Estate
According to census data in the year 2000 there were 15,004 housing units in Lynwood.
This represents a 3.3% growth from 14,525 in 1990.
Of those housing units, 15,004 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Lynwood is about 47.1%.
Lynwood's vacancy rate, including seasonal lodging, is about 3.9%.
Average household size is 4.7 people.
The majority of houses, apartments or condos in Lynwood were built after 1957.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 16.50% |
| One Bedroom | 27.30% |
| Two Bedrooms | 32% |
| Three Bedrooms | 19.70% |
| Four Bedrooms | 3.80% |
| Five Bedrooms or more | 0.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 5.49 |
| Median year structure was built | 1952 |
| Median Value of occupied units | $146,700 |
| Median Price asked for vacant units | $150,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 3.99 |
| Median year structure was built | 1963 |
| Median Monthly Rent asked for vacant units | $573 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.20% |
| Second Mortgage | 9.90% |
| Home Equity Loan | 5.40% |
| Simple Mortgage | 72.20% |
| Debt Free | 12.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 28.4% |
