Lake Butler, FL Real Estate
According to census data in the year 2000 there were 826 housing units in Lake Butler.
This represents a 1.8% growth from 811 in 1990.
Of those housing units, 798 were located in either urbanized areas or urban clusters, and 28 were located in what is classified as a rural area.
Homeownership rate in Lake Butler is about 49.9%.
Lake Butler's vacancy rate, including seasonal lodging, is about 13.4%.
Average household size is 2.66 people.
The majority of houses, apartments or condos in Lake Butler were built after 1976.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 3.40% |
| One Bedroom | 16.80% |
| Two Bedrooms | 32.20% |
| Three Bedrooms | 39.80% |
| Four Bedrooms | 6.70% |
| Five Bedrooms or more | 1.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.57 |
| Median year structure was built | 1977 |
| Median Value of occupied units | $67,300 |
| Median Price asked for vacant units | $45,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.75 |
| Median year structure was built | 1976 |
| Median Monthly Rent asked for vacant units | $275 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 1.30% |
| Home Equity Loan | 2.90% |
| Simple Mortgage | 47.50% |
| Debt Free | 48.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 13.5% |
