Lorain, PA Real Estate
According to census data in the year 2000 there were 382 housing units in Lorain.
This represents a 5.2% growth from 363 in 1990.
Of those housing units, 382 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Lorain is about 76.3%.
Lorain's vacancy rate, including seasonal lodging, is about 8.4%.
Average household size is 2.25 people.
The majority of houses, apartments or condos in Lorain were built after 1939.
|Housing Units by Size|
|Five Bedrooms or more||0.50%|
Owned Homes, Apartments and Condos
|Average Household Size||2.36|
|Median year structure was built||1941|
|Median Value of occupied units||$40,400|
|Median Price asked for vacant units||$48,300|
Rented Homes, Apartments and Condos
|Average Household Size||1.88|
|Median year structure was built||1939|
|Median Monthly Rent asked for vacant units||$300|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||6.60%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||15.7%|