Lebanon, MO Real Estate
According to census data in the year 2000 there were 5,751 housing units in Lebanon.
This represents a 20.2% growth from 4,784 in 1990.
Of those housing units, 5,356 were located in either urbanized areas or urban clusters, and 395 were located in what is classified as a rural area.
Homeownership rate in Lebanon is about 56.7%.
Lebanon's vacancy rate, including seasonal lodging, is about 10.7%.
Average household size is 2.31 people.
The majority of houses, apartments or condos in Lebanon were built after 1973.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.80% |
| One Bedroom | 15.70% |
| Two Bedrooms | 34.70% |
| Three Bedrooms | 41% |
| Four Bedrooms | 5.50% |
| Five Bedrooms or more | 2.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.56 |
| Median year structure was built | 1971 |
| Median Value of occupied units | $68,300 |
| Median Price asked for vacant units | $60,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.99 |
| Median year structure was built | 1975 |
| Median Monthly Rent asked for vacant units | $259 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.20% |
| Home Equity Loan | 4.60% |
| Simple Mortgage | 55.10% |
| Debt Free | 36% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.5% |
