West Monroe, LA Real Estate
According to census data in the year 2000 there were 6,300 housing units in West Monroe.
This represents a 4.3% decline from 6,582 in 1990.
Of those housing units, 6,300 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in West Monroe is about 51.7%.
West Monroe's vacancy rate, including seasonal lodging, is about 9.3%.
Average household size is 2.25 people.
The majority of houses, apartments or condos in West Monroe were built after 1964.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.80% |
| One Bedroom | 12.70% |
| Two Bedrooms | 38.80% |
| Three Bedrooms | 39.70% |
| Four Bedrooms | 6.70% |
| Five Bedrooms or more | 0.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.32 |
| Median year structure was built | 1960 |
| Median Value of occupied units | $74,300 |
| Median Price asked for vacant units | $62,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.17 |
| Median year structure was built | 1969 |
| Median Monthly Rent asked for vacant units | $312 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 6.20% |
| Home Equity Loan | 4.40% |
| Simple Mortgage | 37.30% |
| Debt Free | 52.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 13.6% |
