Lake Hamilton, AR Real Estate
According to census data in the year 2000 there were 1,166 housing units in Lake Hamilton.
This represents a 24.2% growth from 939 in 1990.
Of those housing units, 1,166 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 Hamilton is about 62.1%.
Lake Hamilton's vacancy rate, including seasonal lodging, is about 36.4%.
Average household size is 2.09 people.
The majority of houses, apartments or condos in Lake Hamilton were built after 1982.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.90% |
| One Bedroom | 9.50% |
| Two Bedrooms | 45.90% |
| Three Bedrooms | 30.70% |
| Four Bedrooms | 12% |
| Five Bedrooms or more | 1% |
Owned Homes, Apartments and Condos
| Average Household Size | 1.98 |
| Median year structure was built | 1983 |
| Median Value of occupied units | $254,600 |
| Median Price asked for vacant units | $182,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.26 |
| Median year structure was built | 1981 |
| Median Monthly Rent asked for vacant units | $557 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2.40% |
| Home Equity Loan | 0% |
| Simple Mortgage | 48.10% |
| Debt Free | 49.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 13.9% |
