Saranac Lake, NY Real Estate
According to census data in the year 2000 there were 2,826 housing units in Saranac Lake.
This represents a 7.4% growth from 2,632 in 1990.
Of those housing units, 2,796 were located in either urbanized areas or urban clusters, and 30 were located in what is classified as a rural area.
Homeownership rate in Saranac Lake is about 45.3%.
Saranac Lake's vacancy rate, including seasonal lodging, is about 14.9%.
Average household size is 2.08 people.
The majority of houses, apartments or condos in Saranac Lake were built after 1939.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 7.40% |
| One Bedroom | 24.30% |
| Two Bedrooms | 29.60% |
| Three Bedrooms | 26.10% |
| Four Bedrooms | 8.80% |
| Five Bedrooms or more | 3.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.47 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $79,000 |
| Median Price asked for vacant units | $55,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.77 |
| Median year structure was built | 1939 |
| Median Monthly Rent asked for vacant units | $428 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2.80% |
| Home Equity Loan | 9% |
| Simple Mortgage | 46% |
| Debt Free | 42.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.6% |
