Lake City, TX Real Estate
According to census data in the year 2000 there were 308 housing units in Lake City.
This represents a 4% decline from 321 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 308 were located in what is classified as a rural area.
Homeownership rate in Lake City is about 77.5%.
Lake City's vacancy rate, including seasonal lodging, is about 30.8%.
Average household size is 2.05 people.
The majority of houses, apartments or condos in Lake City were built after 1977.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.90% |
| One Bedroom | 14.30% |
| Two Bedrooms | 41.90% |
| Three Bedrooms | 38.30% |
| Four Bedrooms | 2.60% |
| Five Bedrooms or more | 1% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.04 |
| Median year structure was built | 1977 |
| Median Value of occupied units | $65,000 |
| Median Price asked for vacant units | $45,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.06 |
| Median year structure was built | 1974 |
| Median Monthly Rent asked for vacant units | $410 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0% |
| Home Equity Loan | 4.70% |
| Simple Mortgage | 38.30% |
| Debt Free | 57% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15% |
