Lake Placid, NY Real Estate
According to census data in the year 2000 there were 1,784 housing units in Lake Placid.
This represents a 10.8% growth from 1,610 in 1990.
Of those housing units, 1,757 were located in either urbanized areas or urban clusters, and 27 were located in what is classified as a rural area.
Homeownership rate in Lake Placid is about 43.7%.
Lake Placid's vacancy rate, including seasonal lodging, is about 27%.
Average household size is 2 people.
The majority of houses, apartments or condos in Lake Placid were built after 1939.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 4.10% |
| One Bedroom | 27.60% |
| Two Bedrooms | 31.20% |
| Three Bedrooms | 24.40% |
| Four Bedrooms | 8.30% |
| Five Bedrooms or more | 4.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.42 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $98,500 |
| Median Price asked for vacant units | $145,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.68 |
| Median year structure was built | 1939 |
| Median Monthly Rent asked for vacant units | $457 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0.50% |
| Home Equity Loan | 5.80% |
| Simple Mortgage | 53.50% |
| Debt Free | 40.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 23.1% |
