Lebanon, OH Real Estate
According to census data in the year 2000 there were 6,205 housing units in Lebanon.
This represents a 50.6% growth from 4,121 in 1990.
Of those housing units, 6,184 were located in either urbanized areas or urban clusters, and 21 were located in what is classified as a rural area.
Homeownership rate in Lebanon is about 59%.
Lebanon's vacancy rate, including seasonal lodging, is about 5.4%.
Average household size is 2.58 people.
The majority of houses, apartments or condos in Lebanon were built after 1977.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.60% |
| One Bedroom | 8.80% |
| Two Bedrooms | 31.50% |
| Three Bedrooms | 44.50% |
| Four Bedrooms | 13.80% |
| Five Bedrooms or more | 0.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.75 |
| Median year structure was built | 1979 |
| Median Value of occupied units | $129,900 |
| Median Price asked for vacant units | $132,100 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.33 |
| Median year structure was built | 1977 |
| Median Monthly Rent asked for vacant units | $475 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 10.50% |
| Home Equity Loan | 9.80% |
| Simple Mortgage | 59.40% |
| Debt Free | 20.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18% |
