Lake Charles, LA Real Estate
According to census data in the year 2000 there were 31,311 housing units in Lake Charles.
This represents a 4.9% growth from 29,844 in 1990.
Of those housing units, 31,153 were located in either urbanized areas or urban clusters, and 158 were located in what is classified as a rural area.
Homeownership rate in Lake Charles is about 57.8%.
Lake Charles's vacancy rate, including seasonal lodging, is about 10.9%.
Average household size is 2.45 people.
The majority of houses, apartments or condos in Lake Charles were built after 1964.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.80% |
| One Bedroom | 15.90% |
| Two Bedrooms | 29.70% |
| Three Bedrooms | 41.70% |
| Four Bedrooms | 9.50% |
| Five Bedrooms or more | 1.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.55 |
| Median year structure was built | 1961 |
| Median Value of occupied units | $72,100 |
| Median Price asked for vacant units | $58,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.3 |
| Median year structure was built | 1969 |
| Median Monthly Rent asked for vacant units | $428 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 6.30% |
| Home Equity Loan | 2.90% |
| Simple Mortgage | 45.70% |
| Debt Free | 45.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.1% |
