Lake City, FL Real Estate
According to census data in the year 2000 there were 4,513 housing units in Lake City.
This represents a 0.4% growth from 4,494 in 1990.
Of those housing units, 4,446 were located in either urbanized areas or urban clusters, and 67 were located in what is classified as a rural area.
Homeownership rate in Lake City is about 54.9%.
Lake City's vacancy rate, including seasonal lodging, is about 9.6%.
Average household size is 2.31 people.
The majority of houses, apartments or condos in Lake City were built after 1967.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.60% |
| One Bedroom | 14% |
| Two Bedrooms | 37.10% |
| Three Bedrooms | 40% |
| Four Bedrooms | 6.60% |
| Five Bedrooms or more | 0.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.32 |
| Median year structure was built | 1964 |
| Median Value of occupied units | $58,900 |
| Median Price asked for vacant units | $9,999 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.31 |
| Median year structure was built | 1973 |
| Median Monthly Rent asked for vacant units | $320 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.40% |
| Second Mortgage | 6.80% |
| Home Equity Loan | 2.20% |
| Simple Mortgage | 47% |
| Debt Free | 43.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.3% |
