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Powers Lake, ND Real Estate


According to census data in the year 2000 there were 188 housing units in Powers Lake. This represents a 14.9% decline from 221 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 188 were located in what is classified as a rural area.

Homeownership rate in Powers Lake is about 80.7%. Powers Lake's vacancy rate, including seasonal lodging, is about 20.2%. Average household size is 2.14 people.

The majority of houses, apartments or condos in Powers Lake were built after 1955.

Statistics

Housing Size

Housing Units by Size
Studio Type2.10%
One Bedroom10.60%
Two Bedrooms34.60%
Three Bedrooms34.60%
Four Bedrooms14.40%
Five Bedrooms or more3.70%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.12
Median year structure was built1956
Median Value of occupied units$34,600
Median Price asked for vacant units$42,500

Rented Homes, Apartments and Condos

Average Household Size2.21
Median year structure was built1951
Median Monthly Rent asked for vacant units$200

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0%
Home Equity Loan0%
Simple Mortgage28.20%
Debt Free71.80%
As % of Housing Units
   
Median part of Monthly Household Income dedicated to covering home ownership costs13.2%