Erath, LA Real Estate
According to census data in the year 2000 there were 884 housing units in Erath.
This represents a 3.2% decline from 913 in 1990.
Of those housing units, 869 were located in either urbanized areas or urban clusters, and 15 were located in what is classified as a rural area.
Homeownership rate in Erath is about 71.6%.
Erath's vacancy rate, including seasonal lodging, is about 7.5%.
Average household size is 2.59 people.
The majority of houses, apartments or condos in Erath were built after 1963.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.10% |
| One Bedroom | 9.70% |
| Two Bedrooms | 40.50% |
| Three Bedrooms | 42.90% |
| Four Bedrooms | 3.50% |
| Five Bedrooms or more | 1.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.47 |
| Median year structure was built | 1964 |
| Median Value of occupied units | $62,600 |
| Median Price asked for vacant units | $12,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.89 |
| Median year structure was built | 1961 |
| Median Monthly Rent asked for vacant units | $306 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 3.50% |
| Home Equity Loan | 5.60% |
| Simple Mortgage | 37.10% |
| Debt Free | 53.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.6% |
