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.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 1% |
| Two Bedrooms | 2.30% |
| Three Bedrooms | 34.80% |
| Four Bedrooms | 39.60% |
| Five Bedrooms or more | 22.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.87 |
| Median year structure was built | 1953 |
| Median Value of occupied units | $661,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.41 |
| Median year structure was built | 1955 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 3.60% |
| Home Equity Loan | 5.20% |
| Simple Mortgage | 48.60% |
| Debt Free | 42.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.4% |
