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Lake Worth, FL Real Estate


According to census data in the year 2000 there were 15,893 housing units in Lake Worth. This represents a 1.7% growth from 15,632 in 1990.

Of those housing units, 15,893 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 Worth is about 52.3%. Lake Worth's vacancy rate, including seasonal lodging, is about 12.8%. Average household size is 2.49 people.

The majority of houses, apartments or condos in Lake Worth were built after 1961.

Statistics

Housing Size

Housing Units by Size
Studio Type7.80%
One Bedroom28.80%
Two Bedrooms41.50%
Three Bedrooms18%
Four Bedrooms3.40%
Five Bedrooms or more0.50%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.45
Median year structure was built1960
Median Value of occupied units$81,800
Median Price asked for vacant units$60,300

Rented Homes, Apartments and Condos

Average Household Size2.54
Median year structure was built1963
Median Monthly Rent asked for vacant units$550

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.50%
Second Mortgage8.80%
Home Equity Loan4.60%
Simple Mortgage57%
Debt Free29%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs21.3%