Lakesite, TN Real Estate
According to census data in the year 2000 there were 708 housing units in Lakesite.
This represents a 134.4% growth from 302 in 1990.
Of those housing units, 708 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Lakesite is about 86%.
Lakesite's vacancy rate, including seasonal lodging, is about 7.5%.
Average household size is 2.81 people.
The majority of houses, apartments or condos in Lakesite were built after 1978.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.30% |
| One Bedroom | 4.80% |
| Two Bedrooms | 11.40% |
| Three Bedrooms | 46.60% |
| Four Bedrooms | 29.40% |
| Five Bedrooms or more | 7.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.91 |
| Median year structure was built | 1979 |
| Median Value of occupied units | $120,300 |
| Median Price asked for vacant units | $168,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.17 |
| Median year structure was built | 1971 |
| Median Monthly Rent asked for vacant units | $296 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.60% |
| Second Mortgage | 12.10% |
| Home Equity Loan | 7.50% |
| Simple Mortgage | 52.30% |
| Debt Free | 27.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.2% |
