Powers Lake, ND Real Estate
According to census data in the year 2000 there were 188 housing units in Powers Lake.
This represents a 14.9% decline from 221 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 188 were located in what is classified as a rural area.
Homeownership rate in Powers Lake is about 80.7%.
Powers Lake's vacancy rate, including seasonal lodging, is about 20.2%.
Average household size is 2.14 people.
The majority of houses, apartments or condos in Powers Lake were built after 1955.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.10% |
| One Bedroom | 10.60% |
| Two Bedrooms | 34.60% |
| Three Bedrooms | 34.60% |
| Four Bedrooms | 14.40% |
| Five Bedrooms or more | 3.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.12 |
| Median year structure was built | 1956 |
| Median Value of occupied units | $34,600 |
| Median Price asked for vacant units | $42,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.21 |
| Median year structure was built | 1951 |
| Median Monthly Rent asked for vacant units | $200 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0% |
| Home Equity Loan | 0% |
| Simple Mortgage | 28.20% |
| Debt Free | 71.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 13.2% |
