La Luz, NM Real Estate
According to census data in the year 2000 there were 736 housing units in La Luz.
This represents a 10.3% growth from 667 in 1990.
Of those housing units, 560 were located in either urbanized areas or urban clusters, and 176 were located in what is classified as a rural area.
Homeownership rate in La Luz is about 79.7%.
La Luz's vacancy rate, including seasonal lodging, is about 11%.
Average household size is 2.44 people.
The majority of houses, apartments or condos in La Luz were built after 1980.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.80% |
| One Bedroom | 5.40% |
| Two Bedrooms | 31.40% |
| Three Bedrooms | 50.10% |
| Four Bedrooms | 12.20% |
| Five Bedrooms or more | 0% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.44 |
| Median year structure was built | 1982 |
| Median Value of occupied units | $92,000 |
| Median Price asked for vacant units | $65,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.41 |
| Median year structure was built | 1976 |
| Median Monthly Rent asked for vacant units | $404 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2.30% |
| Home Equity Loan | 4.50% |
| Simple Mortgage | 55.60% |
| Debt Free | 37.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.8% |
