Timber Lakes, UT Real Estate
According to census data in the year 2000 there were 515 housing units in Timber Lakes.
Of those housing units, none were located in either urbanized areas or urban clusters, and 515 were located in what is classified as a rural area.
Homeownership rate in Timber Lakes is about 100%. Timber Lakes's vacancy rate, including seasonal lodging, is about 78.3%. Average household size is 2.64 people.
The majority of houses, apartments or condos in Timber Lakes were built after 1994.
Statistics
Housing Size
| Housing Units by Size | |||
|---|---|---|---|
| Studio Type | 0% | ||
| One Bedroom | 9.90% | ||
| Two Bedrooms | 25.80% | ||
| Three Bedrooms | 33.60% | ||
| Four Bedrooms | 22.70% | ||
| Five Bedrooms or more | 8% | ||
| As % of Housing Units | |||||
|---|---|---|---|---|---|
Owned Homes, Apartments and Condos
| Average Household Size | 2.64 |
| Median year structure was built | 1994 |
| Median Value of occupied units | $198,200 |
| Median Price asked for vacant units | $162,500 |
Owners Finance Status
| Housing Finance | |||
|---|---|---|---|
| Second Mortgage & Equity Loan | 4.50% | ||
| Second Mortgage | 10.70% | ||
| Home Equity Loan | 4.50% | ||
| Simple Mortgage | 51.80% | ||
| Debt Free | 28.60% | ||
| As % of Housing Units | |||||
|---|---|---|---|---|---|
| Median part of Monthly Household Income dedicated to covering home ownership costs | 24.7% |
Data sources: 
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