Lake Success, NY Real Estate

According to census data in the year 2000 there were 824 housing units in Lake Success. This represents a 1% decline from 832 in 1990.

Of those housing units, 824 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Lake Success is about 97.2%. Lake Success's vacancy rate, including seasonal lodging, is about 3.2%. Average household size is 2.86 people.

The majority of houses, apartments or condos in Lake Success were built after 1953.


Housing Size

Housing Units by Size
Studio Type0%
One Bedroom1%
Two Bedrooms2.30%
Three Bedrooms34.80%
Four Bedrooms39.60%
Five Bedrooms or more22.30%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.87
Median year structure was built1953
Median Value of occupied units$661,300

Rented Homes, Apartments and Condos

Average Household Size2.41
Median year structure was built1955

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage3.60%
Home Equity Loan5.20%
Simple Mortgage48.60%
Debt Free42.60%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs19.4%