Cypress Lake, FL Real Estate
According to census data in the year 2000 there were 7,992 housing units in Cypress Lake.
This represents a 22.5% growth from 6,526 in 1990.
Of those housing units, 7,992 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Cypress Lake is about 77.8%.
Cypress Lake's vacancy rate, including seasonal lodging, is about 20.8%.
Average household size is 1.89 people.
The majority of houses, apartments or condos in Cypress Lake were built after 1982.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.70% |
| One Bedroom | 8.60% |
| Two Bedrooms | 57.90% |
| Three Bedrooms | 29.30% |
| Four Bedrooms | 3.20% |
| Five Bedrooms or more | 0.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 1.85 |
| Median year structure was built | 1983 |
| Median Value of occupied units | $105,200 |
| Median Price asked for vacant units | $95,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.04 |
| Median year structure was built | 1981 |
| Median Monthly Rent asked for vacant units | $676 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 5.90% |
| Home Equity Loan | 6.10% |
| Simple Mortgage | 47.30% |
| Debt Free | 40.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19% |
