Lebanon, PA Real Estate
According to census data in the year 2000 there were 11,220 housing units in Lebanon.
This represents a 2% growth from 10,996 in 1990.
Of those housing units, 11,220 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Lebanon is about 50.2%.
Lebanon's vacancy rate, including seasonal lodging, is about 8.5%.
Average household size is 2.32 people.
The majority of houses, apartments or condos in Lebanon were built after 1941.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 3.40% |
| One Bedroom | 20% |
| Two Bedrooms | 27.10% |
| Three Bedrooms | 37.80% |
| Four Bedrooms | 9.60% |
| Five Bedrooms or more | 2.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.48 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $66,000 |
| Median Price asked for vacant units | $55,600 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.16 |
| Median year structure was built | 1946 |
| Median Monthly Rent asked for vacant units | $367 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.90% |
| Second Mortgage | 5.90% |
| Home Equity Loan | 6.40% |
| Simple Mortgage | 45.60% |
| Debt Free | 41.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.7% |
