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Lake City, SD Real Estate


According to census data in the year 2000 there were 20 housing units in Lake City. This represents a 28.6% decline from 28 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 20 were located in what is classified as a rural area.

Homeownership rate in Lake City is about 93.8%. Lake City's vacancy rate, including seasonal lodging, is about 20%. Average household size is 1.56 people.

The majority of houses, apartments or condos in Lake City were built after 1945.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom20%
Two Bedrooms50%
Three Bedrooms20%
Four Bedrooms10%
Five Bedrooms or more0%
As % of Housing Units
       

Owned Homes, Apartments and Condos

Average Household Size1.6
Median year structure was built1939
Median Value of occupied units$14,200

Rented Homes, Apartments and Condos

Average Household Size1
Median year structure was built1975

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0%
Home Equity Loan0%
Simple Mortgage15.40%
Debt Free84.60%
As % of Housing Units
   
Median part of Monthly Household Income dedicated to covering home ownership costs14.4%