Midway, LA Real Estate
According to census data in the year 2000 there were 574 housing units in Midway.
This represents a 2.9% decline from 591 in 1990.
Of those housing units, 371 were located in either urbanized areas or urban clusters, and 203 were located in what is classified as a rural area.
Homeownership rate in Midway is about 74.4%.
Midway's vacancy rate, including seasonal lodging, is about 8.2%.
Average household size is 2.62 people.
The majority of houses, apartments or condos in Midway were built after 1975.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.60% |
| One Bedroom | 5.20% |
| Two Bedrooms | 29.10% |
| Three Bedrooms | 51.90% |
| Four Bedrooms | 9.20% |
| Five Bedrooms or more | 1.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.42 |
| Median year structure was built | 1977 |
| Median Value of occupied units | $40,500 |
| Median Price asked for vacant units | $9,999 |
Rented Homes, Apartments and Condos
| Average Household Size | 3.23 |
| Median year structure was built | 1970 |
| Median Monthly Rent asked for vacant units | $175 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0% |
| Home Equity Loan | 6.80% |
| Simple Mortgage | 48.50% |
| Debt Free | 44.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.8% |
