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Lake Charles, LA Real Estate


According to census data in the year 2000 there were 31,311 housing units in Lake Charles. This represents a 4.9% growth from 29,844 in 1990.

Of those housing units, 31,153 were located in either urbanized areas or urban clusters, and 158 were located in what is classified as a rural area.

Homeownership rate in Lake Charles is about 57.8%. Lake Charles's vacancy rate, including seasonal lodging, is about 10.9%. Average household size is 2.45 people.

The majority of houses, apartments or condos in Lake Charles were built after 1964.

Statistics

Housing Size

Housing Units by Size
Studio Type1.80%
One Bedroom15.90%
Two Bedrooms29.70%
Three Bedrooms41.70%
Four Bedrooms9.50%
Five Bedrooms or more1.40%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.55
Median year structure was built1961
Median Value of occupied units$72,100
Median Price asked for vacant units$58,800

Rented Homes, Apartments and Condos

Average Household Size2.3
Median year structure was built1969
Median Monthly Rent asked for vacant units$428

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage6.30%
Home Equity Loan2.90%
Simple Mortgage45.70%
Debt Free45.10%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs14.1%