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Lima, PA Real Estate


According to census data in the year 2000 there were 997 housing units in Lima. This represents a 66.4% growth from 599 in 1990.

Of those housing units, 997 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Lima is about 48.6%. Average household size is 1.69 people.

The majority of houses, apartments or condos in Lima were built after 1981.

Statistics

Housing Size

Housing Units by Size
Studio Type6.70%
One Bedroom34.80%
Two Bedrooms31.20%
Three Bedrooms15.70%
Four Bedrooms10%
Five Bedrooms or more1.50%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size1.92
Median year structure was built1980
Median Value of occupied units$143,100

Rented Homes, Apartments and Condos

Average Household Size1.47
Median year structure was built1982

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan2.30%
Second Mortgage2.30%
Home Equity Loan3.50%
Simple Mortgage64.90%
Debt Free27%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs17.3%