Lake Grove, NY Real Estate
According to census data in the year 2000 there were 3,519 housing units in Lake Grove.
This represents a 6.6% growth from 3,301 in 1990.
Of those housing units, 3,519 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Lake Grove is about 79.2%.
Lake Grove's vacancy rate, including seasonal lodging, is about 2.6%.
Average household size is 3.01 people.
The majority of houses, apartments or condos in Lake Grove were built after 1967.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.60% |
| One Bedroom | 12.60% |
| Two Bedrooms | 14.30% |
| Three Bedrooms | 35% |
| Four Bedrooms | 27.20% |
| Five Bedrooms or more | 9.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.22 |
| Median year structure was built | 1967 |
| Median Value of occupied units | $189,200 |
| Median Price asked for vacant units | $137,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.2 |
| Median year structure was built | 1971 |
| Median Monthly Rent asked for vacant units | $601 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5.70% |
| Home Equity Loan | 11.70% |
| Simple Mortgage | 58.40% |
| Debt Free | 24.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 23% |
