Medical Lake, WA Real Estate
According to census data in the year 2000 there were 1,172 housing units in Medical Lake.
This represents a 11.1% growth from 1,055 in 1990.
Of those housing units, 1,068 were located in either urbanized areas or urban clusters, and 104 were located in what is classified as a rural area.
Homeownership rate in Medical Lake is about 63.3%.
Medical Lake's vacancy rate, including seasonal lodging, is about 8.3%.
Average household size is 2.63 people.
The majority of houses, apartments or condos in Medical Lake were built after 1973.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.40% |
| One Bedroom | 11.80% |
| Two Bedrooms | 30.10% |
| Three Bedrooms | 39.20% |
| Four Bedrooms | 13.40% |
| Five Bedrooms or more | 3.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.82 |
| Median year structure was built | 1972 |
| Median Value of occupied units | $106,900 |
| Median Price asked for vacant units | $105,200 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.31 |
| Median year structure was built | 1973 |
| Median Monthly Rent asked for vacant units | $395 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 13.50% |
| Home Equity Loan | 6.30% |
| Simple Mortgage | 60.70% |
| Debt Free | 19.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 20.3% |
