Lake Forest Park, WA Real Estate
According to census data in the year 2000 there were 5,243 housing units in Lake Forest Park.
This represents a 247.9% growth from 1,507 in 1990.
Of those housing units, 5,243 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 Forest Park is about 80.5%.
Lake Forest Park's vacancy rate, including seasonal lodging, is about 3.1%.
Average household size is 2.58 people.
The majority of houses, apartments or condos in Lake Forest Park were built after 1965.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.80% |
| One Bedroom | 6.70% |
| Two Bedrooms | 16.90% |
| Three Bedrooms | 37.90% |
| Four Bedrooms | 28.60% |
| Five Bedrooms or more | 8.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.73 |
| Median year structure was built | 1964 |
| Median Value of occupied units | $263,300 |
| Median Price asked for vacant units | $275,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.99 |
| Median year structure was built | 1971 |
| Median Monthly Rent asked for vacant units | $936 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 8.90% |
| Home Equity Loan | 9.60% |
| Simple Mortgage | 53.20% |
| Debt Free | 27.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.8% |
