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Lake City, GA Real Estate


According to census data in the year 2000 there were 978 housing units in Lake City. This represents a 11.7% decline from 1,107 in 1990.

Of those housing units, 978 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Lake City is about 63%. Lake City's vacancy rate, including seasonal lodging, is about 3.4%. Average household size is 2.76 people.

The majority of houses, apartments or condos in Lake City were built after 1969.

Statistics

Housing Size

Housing Units by Size
Studio Type2.60%
One Bedroom6.50%
Two Bedrooms39.10%
Three Bedrooms43%
Four Bedrooms7.20%
Five Bedrooms or more1.60%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.51
Median year structure was built1966
Median Value of occupied units$86,700

Rented Homes, Apartments and Condos

Average Household Size3.19
Median year structure was built1974
Median Monthly Rent asked for vacant units$701

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage3.90%
Home Equity Loan1.30%
Simple Mortgage56.30%
Debt Free38.50%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs14.7%