Lakes by the Bay, FL Real Estate
According to census data in the year 2000 there were 3,413 housing units in Lakes by the Bay.
This represents a 41.6% growth from 2,411 in 1990.
Of those housing units, 3,413 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Lakes by the Bay is about 62.6%.
Lakes by the Bay's vacancy rate, including seasonal lodging, is about 3.8%.
Average household size is 2.74 people.
The majority of houses, apartments or condos in Lakes by the Bay were built after 1989.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 13.10% |
| One Bedroom | 12.70% |
| Two Bedrooms | 12.90% |
| Three Bedrooms | 40.10% |
| Four Bedrooms | 20% |
| Five Bedrooms or more | 1.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.13 |
| Median year structure was built | 1988 |
| Median Value of occupied units | $124,800 |
| Median Price asked for vacant units | $109,400 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.08 |
| Median year structure was built | 1990 |
| Median Monthly Rent asked for vacant units | $781 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.40% |
| Second Mortgage | 15.20% |
| Home Equity Loan | 6.60% |
| Simple Mortgage | 66.50% |
| Debt Free | 11.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 25.3% |
