Lake Arthur, NM Real Estate

According to census data in the year 2000 there were 140 housing units in Lake Arthur. This represents a 2.2% growth from 137 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 140 were located in what is classified as a rural area.

Homeownership rate in Lake Arthur is about 78.9%. Lake Arthur's vacancy rate, including seasonal lodging, is about 8.6%. Average household size is 3.13 people.

The majority of houses, apartments or condos in Lake Arthur were built after 1978.


Housing Size

Housing Units by Size
Studio Type1.40%
One Bedroom7.90%
Two Bedrooms30.70%
Three Bedrooms46.40%
Four Bedrooms10.70%
Five Bedrooms or more2.90%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size3.17
Median year structure was built1979
Median Value of occupied units$40,200
Median Price asked for vacant units$30,000

Rented Homes, Apartments and Condos

Average Household Size2.96
Median year structure was built1974
Median Monthly Rent asked for vacant units$188

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage3.30%
Home Equity Loan0%
Simple Mortgage42.60%
Debt Free54.10%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs14.6%