Lakeland, TN Real Estate
According to census data in the year 2000 there were 2,831 housing units in Lakeland.
This represents a 496% growth from 475 in 1990.
Of those housing units, 2,548 were located in either urbanized areas or urban clusters, and 283 were located in what is classified as a rural area.
Homeownership rate in Lakeland is about 77.1%.
Lakeland's vacancy rate, including seasonal lodging, is about 5.2%.
Average household size is 2.43 people.
The majority of houses, apartments or condos in Lakeland were built after 1993.
|Housing Units by Size|
|Five Bedrooms or more||2.50%|
Owned Homes, Apartments and Condos
|Average Household Size||2.56|
|Median year structure was built||1991|
|Median Value of occupied units||$146,300|
|Median Price asked for vacant units||$186,900|
Rented Homes, Apartments and Condos
|Average Household Size||1.97|
|Median year structure was built||1997|
|Median Monthly Rent asked for vacant units||$725|
Owners Finance Status
|Second Mortgage & Equity Loan||0.70%|
|Home Equity Loan||7.20%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||19.4%|