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Loraine, TX Real Estate


According to census data in the year 2000 there were 320 housing units in Loraine. This represents a 10.4% decline from 357 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 320 were located in what is classified as a rural area.

Homeownership rate in Loraine is about 83.9%. Loraine's vacancy rate, including seasonal lodging, is about 20.3%. Average household size is 2.66 people.

The majority of houses, apartments or condos in Loraine were built after 1956.

Statistics

Housing Size

Housing Units by Size
Studio Type2.80%
One Bedroom13.40%
Two Bedrooms44.40%
Three Bedrooms32.80%
Four Bedrooms6.60%
Five Bedrooms or more0%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.63
Median year structure was built1954
Median Value of occupied units$19,000
Median Price asked for vacant units$10,000

Rented Homes, Apartments and Condos

Average Household Size2.83
Median year structure was built1964
Median Monthly Rent asked for vacant units$99

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0%
Home Equity Loan0%
Simple Mortgage27%
Debt Free73%
As % of Housing Units
   
Median part of Monthly Household Income dedicated to covering home ownership costs14.2%