Lima, OH Real Estate
According to census data in the year 2000 there were 17,668 housing units in Lima.
This represents a 5.3% decline from 18,666 in 1990.
Of those housing units, 17,668 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Lima is about 57%.
Lima's vacancy rate, including seasonal lodging, is about 12.6%.
Average household size is 2.43 people.
The majority of houses, apartments or condos in Lima were built after 1951.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.10% |
| One Bedroom | 13.10% |
| Two Bedrooms | 28.40% |
| Three Bedrooms | 46.50% |
| Four Bedrooms | 9.70% |
| Five Bedrooms or more | 1.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.4 |
| Median year structure was built | 1950 |
| Median Value of occupied units | $55,500 |
| Median Price asked for vacant units | $35,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.47 |
| Median year structure was built | 1953 |
| Median Monthly Rent asked for vacant units | $353 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.10% |
| Second Mortgage | 8.20% |
| Home Equity Loan | 6.80% |
| Simple Mortgage | 47.20% |
| Debt Free | 37.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.6% |
