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Montpelier, LA Real Estate


According to census data in the year 2000 there were 105 housing units in Montpelier. This represents a 2.9% growth from 102 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 105 were located in what is classified as a rural area.

Homeownership rate in Montpelier is about 74.5%. Montpelier's vacancy rate, including seasonal lodging, is about 10.5%. Average household size is 2.17 people.

The majority of houses, apartments or condos in Montpelier were built after 1975.

Statistics

Housing Size

Housing Units by Size
Studio Type1.90%
One Bedroom7.60%
Two Bedrooms29.50%
Three Bedrooms59%
Four Bedrooms1.90%
Five Bedrooms or more0%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.43
Median year structure was built1977
Median Value of occupied units$64,000
Median Price asked for vacant units$10,000

Rented Homes, Apartments and Condos

Average Household Size1.42
Median year structure was built1970
Median Monthly Rent asked for vacant units$125

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0%
Home Equity Loan0%
Simple Mortgage35.30%
Debt Free64.70%
As % of Housing Units
   
Median part of Monthly Household Income dedicated to covering home ownership costs9.9%