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Erath, LA Real Estate


According to census data in the year 2000 there were 884 housing units in Erath. This represents a 3.2% decline from 913 in 1990.

Of those housing units, 869 were located in either urbanized areas or urban clusters, and 15 were located in what is classified as a rural area.

Homeownership rate in Erath is about 71.6%. Erath's vacancy rate, including seasonal lodging, is about 7.5%. Average household size is 2.59 people.

The majority of houses, apartments or condos in Erath were built after 1963.

Statistics

Housing Size

Housing Units by Size
Studio Type2.10%
One Bedroom9.70%
Two Bedrooms40.50%
Three Bedrooms42.90%
Four Bedrooms3.50%
Five Bedrooms or more1.20%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.47
Median year structure was built1964
Median Value of occupied units$62,600
Median Price asked for vacant units$12,500

Rented Homes, Apartments and Condos

Average Household Size2.89
Median year structure was built1961
Median Monthly Rent asked for vacant units$306

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage3.50%
Home Equity Loan5.60%
Simple Mortgage37.10%
Debt Free53.80%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs14.6%