Meadow Lake, NM Real Estate
According to census data in the year 2000 there were 1,540 housing units in Meadow Lake.
This represents a 158.4% growth from 596 in 1990.
Of those housing units, 1,176 were located in either urbanized areas or urban clusters, and 364 were located in what is classified as a rural area.
Homeownership rate in Meadow Lake is about 86.2%.
Meadow Lake's vacancy rate, including seasonal lodging, is about 13.4%.
Average household size is 3.35 people.
The majority of houses, apartments or condos in Meadow Lake were built after 1987.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1% |
| One Bedroom | 11.60% |
| Two Bedrooms | 27.40% |
| Three Bedrooms | 52.20% |
| Four Bedrooms | 5.20% |
| Five Bedrooms or more | 2.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.31 |
| Median year structure was built | 1987 |
| Median Value of occupied units | $86,400 |
| Median Price asked for vacant units | $68,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 3.57 |
| Median year structure was built | 1988 |
| Median Monthly Rent asked for vacant units | $412 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0% |
| Home Equity Loan | 0% |
| Simple Mortgage | 65.30% |
| Debt Free | 34.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 21.3% |
