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.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.40% |
| One Bedroom | 7.90% |
| Two Bedrooms | 30.70% |
| Three Bedrooms | 46.40% |
| Four Bedrooms | 10.70% |
| Five Bedrooms or more | 2.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.17 |
| Median year structure was built | 1979 |
| Median Value of occupied units | $40,200 |
| Median Price asked for vacant units | $30,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.96 |
| Median year structure was built | 1974 |
| Median Monthly Rent asked for vacant units | $188 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 3.30% |
| Home Equity Loan | 0% |
| Simple Mortgage | 42.60% |
| Debt Free | 54.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.6% |
