Portage Lakes, OH Real Estate
According to census data in the year 2000 there were 4,475 housing units in Portage Lakes.
This represents a 23.7% decline from 5,865 in 1990.
Of those housing units, 4,475 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Portage Lakes is about 77.8%.
Portage Lakes's vacancy rate, including seasonal lodging, is about 6.5%.
Average household size is 2.33 people.
The majority of houses, apartments or condos in Portage Lakes were built after 1956.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.30% |
| One Bedroom | 7.70% |
| Two Bedrooms | 34.30% |
| Three Bedrooms | 45% |
| Four Bedrooms | 11.40% |
| Five Bedrooms or more | 1.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.37 |
| Median year structure was built | 1954 |
| Median Value of occupied units | $102,800 |
| Median Price asked for vacant units | $85,700 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.16 |
| Median year structure was built | 1967 |
| Median Monthly Rent asked for vacant units | $756 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 6.80% |
| Home Equity Loan | 12.90% |
| Simple Mortgage | 43.40% |
| Debt Free | 36.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.5% |
