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Lake Butter, FL Real Estate


According to census data in the year 2000 there were 2,414 housing units in Lake Butter.

Of those housing units, 2,069 were located in either urbanized areas or urban clusters, and 345 were located in what is classified as a rural area.

Homeownership rate in Lake Butter is about 95.3%. Lake Butter's vacancy rate, including seasonal lodging, is about 7.2%. Average household size is 3.16 people.

The majority of houses, apartments or condos in Lake Butter were built after 1989.

Statistics

Housing Size

Housing Units by Size
Studio Type0.60%
One Bedroom1.40%
Two Bedrooms2.80%
Three Bedrooms20.60%
Four Bedrooms52.90%
Five Bedrooms or more21.70%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size3.17
Median year structure was built1990
Median Value of occupied units$312,200
Median Price asked for vacant units$841,700

Rented Homes, Apartments and Condos

Average Household Size2.88
Median year structure was built1985

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.40%
Second Mortgage12%
Home Equity Loan6.80%
Simple Mortgage62.90%
Debt Free17.90%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs19%