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Hammond, LA Real Estate


According to census data in the year 2000 there were 7,089 housing units in Hammond. This represents a 12.7% growth from 6,292 in 1990.

Of those housing units, 6,825 were located in either urbanized areas or urban clusters, and 264 were located in what is classified as a rural area.

Homeownership rate in Hammond is about 51.3%. Hammond's vacancy rate, including seasonal lodging, is about 10.7%. Average household size is 2.47 people.

The majority of houses, apartments or condos in Hammond were built after 1974.

Statistics

Housing Size

Housing Units by Size
Studio Type1.40%
One Bedroom16%
Two Bedrooms33.10%
Three Bedrooms36.40%
Four Bedrooms12.30%
Five Bedrooms or more1%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.71
Median year structure was built1974
Median Value of occupied units$81,600
Median Price asked for vacant units$59,000

Rented Homes, Apartments and Condos

Average Household Size2.23
Median year structure was built1974
Median Monthly Rent asked for vacant units$370

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage6%
Home Equity Loan1.20%
Simple Mortgage50%
Debt Free42.90%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs15.9%