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Lake, MS Real Estate


According to census data in the year 2000 there were 159 housing units in Lake. This represents a 4.6% growth from 152 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 159 were located in what is classified as a rural area.

Homeownership rate in Lake is about 78.9%. Lake's vacancy rate, including seasonal lodging, is about 7.5%. Average household size is 2.78 people.

The majority of houses, apartments or condos in Lake were built after 1971.

Statistics

Housing Size

Housing Units by Size
Studio Type1.30%
One Bedroom10.70%
Two Bedrooms32.10%
Three Bedrooms46.50%
Four Bedrooms8.20%
Five Bedrooms or more1.30%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.81
Median year structure was built1968
Median Value of occupied units$45,400

Rented Homes, Apartments and Condos

Average Household Size2.65
Median year structure was built1976

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0%
Home Equity Loan2.80%
Simple Mortgage33.80%
Debt Free63.40%
As % of Housing Units
     
Median part of Monthly Household Income dedicated to covering home ownership costs13.5%