Arabi, LA Real Estate
According to census data in the year 2000 there were 3,702 housing units in Arabi.
This represents a 1.2% growth from 3,657 in 1990.
Of those housing units, 3,702 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Arabi is about 78%.
Arabi's vacancy rate, including seasonal lodging, is about 5.8%.
Average household size is 2.28 people.
The majority of houses, apartments or condos in Arabi were built after 1957.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.80% |
| One Bedroom | 7.70% |
| Two Bedrooms | 32.40% |
| Three Bedrooms | 49.10% |
| Four Bedrooms | 8.40% |
| Five Bedrooms or more | 1.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.35 |
| Median year structure was built | 1957 |
| Median Value of occupied units | $77,900 |
| Median Price asked for vacant units | $81,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.04 |
| Median year structure was built | 1956 |
| Median Monthly Rent asked for vacant units | $343 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5.30% |
| Home Equity Loan | 4% |
| Simple Mortgage | 31.70% |
| Debt Free | 59% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14% |
