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Lake Park, IA Real Estate


According to census data in the year 2000 there were 539 housing units in Lake Park. This represents a 12.3% growth from 480 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 539 were located in what is classified as a rural area.

Homeownership rate in Lake Park is about 80.9%. Lake Park's vacancy rate, including seasonal lodging, is about 17.3%. Average household size is 2.21 people.

The majority of houses, apartments or condos in Lake Park were built after 1953.

Statistics

Housing Size

Housing Units by Size
Studio Type1.90%
One Bedroom9.80%
Two Bedrooms34.30%
Three Bedrooms39.50%
Four Bedrooms12.60%
Five Bedrooms or more1.90%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.36
Median year structure was built1950
Median Value of occupied units$64,000
Median Price asked for vacant units$50,000

Rented Homes, Apartments and Condos

Average Household Size1.56
Median year structure was built1964
Median Monthly Rent asked for vacant units$163

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2.10%
Home Equity Loan5.30%
Simple Mortgage43.40%
Debt Free49.30%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs13.8%