Lookout Mountain, GA Real Estate
According to census data in the year 2000 there were 656 housing units in Lookout Mountain.
This represents a 2.5% growth from 640 in 1990.
Of those housing units, 515 were located in either urbanized areas or urban clusters, and 141 were located in what is classified as a rural area.
Homeownership rate in Lookout Mountain is about 85.3%.
Lookout Mountain's vacancy rate, including seasonal lodging, is about 5.9%.
Average household size is 2.62 people.
The majority of houses, apartments or condos in Lookout Mountain were built after 1955.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 2.60% |
| Two Bedrooms | 14.50% |
| Three Bedrooms | 35.50% |
| Four Bedrooms | 36.30% |
| Five Bedrooms or more | 11.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.66 |
| Median year structure was built | 1954 |
| Median Value of occupied units | $186,700 |
| Median Price asked for vacant units | $66,700 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.36 |
| Median year structure was built | 1962 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.60% |
| Second Mortgage | 8% |
| Home Equity Loan | 10.10% |
| Simple Mortgage | 41.90% |
| Debt Free | 39.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.5% |
