Loraine, TX Real Estate
According to census data in the year 2000 there were 320 housing units in Loraine.
This represents a 10.4% decline from 357 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 320 were located in what is classified as a rural area.
Homeownership rate in Loraine is about 83.9%.
Loraine's vacancy rate, including seasonal lodging, is about 20.3%.
Average household size is 2.66 people.
The majority of houses, apartments or condos in Loraine were built after 1956.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.80% |
| One Bedroom | 13.40% |
| Two Bedrooms | 44.40% |
| Three Bedrooms | 32.80% |
| Four Bedrooms | 6.60% |
| Five Bedrooms or more | 0% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.63 |
| Median year structure was built | 1954 |
| Median Value of occupied units | $19,000 |
| Median Price asked for vacant units | $10,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.83 |
| Median year structure was built | 1964 |
| Median Monthly Rent asked for vacant units | $99 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0% |
| Home Equity Loan | 0% |
| Simple Mortgage | 27% |
| Debt Free | 73% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.2% |
