Lake Shore, MD Real Estate
According to census data in the year 2000 there were 4,791 housing units in Lake Shore.
This represents a 4% growth from 4,605 in 1990.
Of those housing units, 4,791 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Lake Shore is about 92.4%.
Lake Shore's vacancy rate, including seasonal lodging, is about 4.2%.
Average household size is 2.86 people.
The majority of houses, apartments or condos in Lake Shore were built after 1970.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.30% |
| One Bedroom | 3.20% |
| Two Bedrooms | 12.70% |
| Three Bedrooms | 48.40% |
| Four Bedrooms | 28.40% |
| Five Bedrooms or more | 7% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.85 |
| Median year structure was built | 1971 |
| Median Value of occupied units | $173,600 |
| Median Price asked for vacant units | $142,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 3.03 |
| Median year structure was built | 1963 |
| Median Monthly Rent asked for vacant units | $826 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.60% |
| Second Mortgage | 13.70% |
| Home Equity Loan | 14.40% |
| Simple Mortgage | 48.90% |
| Debt Free | 22.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.7% |
