West Lafayette, OH Real Estate
According to census data in the year 2000 there were 952 housing units in West Lafayette.
This represents a 3.5% growth from 920 in 1990.
Of those housing units, 943 were located in either urbanized areas or urban clusters, and 9 were located in what is classified as a rural area.
Homeownership rate in West Lafayette is about 75.9%.
West Lafayette's vacancy rate, including seasonal lodging, is about 4.4%.
Average household size is 2.47 people.
The majority of houses, apartments or condos in West Lafayette were built after 1965.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 4.90% |
| Two Bedrooms | 36.70% |
| Three Bedrooms | 47.80% |
| Four Bedrooms | 8.90% |
| Five Bedrooms or more | 1.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.57 |
| Median year structure was built | 1962 |
| Median Value of occupied units | $69,200 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.15 |
| Median year structure was built | 1973 |
| Median Monthly Rent asked for vacant units | $275 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2.60% |
| Home Equity Loan | 5.50% |
| Simple Mortgage | 53.30% |
| Debt Free | 38.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.3% |
