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Lake City, CO Real Estate


According to census data in the year 2000 there were 414 housing units in Lake City. This represents a 25.8% growth from 329 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 414 were located in what is classified as a rural area.

Homeownership rate in Lake City is about 56.2%. Lake City's vacancy rate, including seasonal lodging, is about 57%. Average household size is 2.03 people.

The majority of houses, apartments or condos in Lake City were built after 1973.

Statistics

Housing Size

Housing Units by Size
Studio Type1.90%
One Bedroom12.10%
Two Bedrooms46.60%
Three Bedrooms31.20%
Four Bedrooms5.30%
Five Bedrooms or more2.90%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.16
Median year structure was built1979
Median Value of occupied units$229,200
Median Price asked for vacant units$162,500

Rented Homes, Apartments and Condos

Average Household Size1.86
Median year structure was built1966
Median Monthly Rent asked for vacant units$556

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0%
Home Equity Loan1.40%
Simple Mortgage64.30%
Debt Free34.30%
As % of Housing Units
     
Median part of Monthly Household Income dedicated to covering home ownership costs18.3%