Spanish Lake, MO Real Estate
According to census data in the year 2000 there were 8,866 housing units in Spanish Lake.
This represents a 2.5% growth from 8,652 in 1990.
Of those housing units, 8,654 were located in either urbanized areas or urban clusters, and 212 were located in what is classified as a rural area.
Homeownership rate in Spanish Lake is about 55%.
Spanish Lake's vacancy rate, including seasonal lodging, is about 5.4%.
Average household size is 2.55 people.
The majority of houses, apartments or condos in Spanish Lake were built after 1970.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.90% |
| One Bedroom | 17.60% |
| Two Bedrooms | 25.20% |
| Three Bedrooms | 41.60% |
| Four Bedrooms | 11.50% |
| Five Bedrooms or more | 2.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.73 |
| Median year structure was built | 1965 |
| Median Value of occupied units | $80,000 |
| Median Price asked for vacant units | $74,400 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.34 |
| Median year structure was built | 1975 |
| Median Monthly Rent asked for vacant units | $437 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 8.50% |
| Home Equity Loan | 6.20% |
| Simple Mortgage | 58.60% |
| Debt Free | 26.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.3% |
