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Timber Lakes, UT Real Estate


According to census data in the year 2000 there were 515 housing units in Timber Lakes.

Of those housing units, none were located in either urbanized areas or urban clusters, and 515 were located in what is classified as a rural area.

Homeownership rate in Timber Lakes is about 100%. Timber Lakes's vacancy rate, including seasonal lodging, is about 78.3%. Average household size is 2.64 people.

The majority of houses, apartments or condos in Timber Lakes were built after 1994.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom9.90%
Two Bedrooms25.80%
Three Bedrooms33.60%
Four Bedrooms22.70%
Five Bedrooms or more8%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.64
Median year structure was built1994
Median Value of occupied units$198,200
Median Price asked for vacant units$162,500

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan4.50%
Second Mortgage10.70%
Home Equity Loan4.50%
Simple Mortgage51.80%
Debt Free28.60%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs24.7%