Lake Worth, TX Real Estate
According to census data in the year 2000 there were 1,750 housing units in Lake Worth.
This represents a 1.6% decline from 1,778 in 1990.
Of those housing units, 1,750 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Lake Worth is about 80.4%.
Lake Worth's vacancy rate, including seasonal lodging, is about 5.3%.
Average household size is 2.69 people.
The majority of houses, apartments or condos in Lake Worth were built after 1962.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.70% |
| One Bedroom | 6.60% |
| Two Bedrooms | 32.50% |
| Three Bedrooms | 54.30% |
| Four Bedrooms | 5.40% |
| Five Bedrooms or more | 0.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.62 |
| Median year structure was built | 1962 |
| Median Value of occupied units | $59,600 |
| Median Price asked for vacant units | $56,100 |
Rented Homes, Apartments and Condos
| Average Household Size | 3 |
| Median year structure was built | 1962 |
| Median Monthly Rent asked for vacant units | $451 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2.60% |
| Home Equity Loan | 6.40% |
| Simple Mortgage | 42.90% |
| Debt Free | 48.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.8% |
