Lakewood, IL Real Estate
According to census data in the year 2000 there were 888 housing units in Lakewood.
This represents a 66.6% growth from 533 in 1990.
Of those housing units, 842 were located in either urbanized areas or urban clusters, and 46 were located in what is classified as a rural area.
Homeownership rate in Lakewood is about 98.4%.
Lakewood's vacancy rate, including seasonal lodging, is about 7.9%.
Average household size is 2.92 people.
The majority of houses, apartments or condos in Lakewood were built after 1982.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 0% |
| Two Bedrooms | 13.40% |
| Three Bedrooms | 37.20% |
| Four Bedrooms | 40.40% |
| Five Bedrooms or more | 9% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.92 |
| Median year structure was built | 1982 |
| Median Value of occupied units | $284,900 |
| Median Price asked for vacant units | $255,600 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.69 |
| Median year structure was built | 1945 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2.50% |
| Home Equity Loan | 16.30% |
| Simple Mortgage | 59.70% |
| Debt Free | 21.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 20% |
