Lorane, PA Real Estate
According to census data in the year 2000 there were 1,182 housing units in Lorane.
This represents a 22.2% growth from 967 in 1990.
Of those housing units, 1,182 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Lorane is about 98.5%.
Lorane's vacancy rate, including seasonal lodging, is about 1.8%.
Average household size is 2.68 people.
The majority of houses, apartments or condos in Lorane were built after 1976.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.80% |
| One Bedroom | 2.60% |
| Two Bedrooms | 17.30% |
| Three Bedrooms | 63% |
| Four Bedrooms | 12.20% |
| Five Bedrooms or more | 3.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.71 |
| Median year structure was built | 1977 |
| Median Value of occupied units | $114,600 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.06 |
| Median year structure was built | 1939 |
| Median Monthly Rent asked for vacant units | $275 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 13.40% |
| Home Equity Loan | 10.80% |
| Simple Mortgage | 54% |
| Debt Free | 21.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.7% |
