Hammond, LA Real Estate
According to census data in the year 2000 there were 7,089 housing units in Hammond.
This represents a 12.7% growth from 6,292 in 1990.
Of those housing units, 6,825 were located in either urbanized areas or urban clusters, and 264 were located in what is classified as a rural area.
Homeownership rate in Hammond is about 51.3%.
Hammond's vacancy rate, including seasonal lodging, is about 10.7%.
Average household size is 2.47 people.
The majority of houses, apartments or condos in Hammond were built after 1974.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.40% |
| One Bedroom | 16% |
| Two Bedrooms | 33.10% |
| Three Bedrooms | 36.40% |
| Four Bedrooms | 12.30% |
| Five Bedrooms or more | 1% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.71 |
| Median year structure was built | 1974 |
| Median Value of occupied units | $81,600 |
| Median Price asked for vacant units | $59,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.23 |
| Median year structure was built | 1974 |
| Median Monthly Rent asked for vacant units | $370 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 6% |
| Home Equity Loan | 1.20% |
| Simple Mortgage | 50% |
| Debt Free | 42.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.9% |
