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Lake City Micro Area Housing

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As of 2010-2014, median price of a house in Lake City Area is $106,600, which is lower than the state average of $156,200 and is much lower than the national average of $175,700. The median year that a house in Lake City Area was built is 1989, which is newer than the median year for a house built in the state which is 1985 and is newer than the median year for a house built in the USA which is 1976.

Topics:House Value Housing Occupancy Year Structure Built Mortgage Status Mortgage Owner's Costs None-Mortgage Owner's Costs Units in Structure Rooms Bedrooms House Heating Fuel Gross Rent Vehicle Available

House Value

Median Value of a Total of 16,985 Owner Occupied Houses in Lake City Area, #581

Lake City Area	106,600 USD
Florida	156,200 USD
U.S.	175,700 USD

Median House Price Growth Since 2005-2009, see rank

Lake City Area		-16.19%
Florida		48.06%
U.S.		46.91%

*The Lake City Area median house price growth rate is since 2005-2009. The Florida and U.S population growth rate is since 2000.

Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

	Lake City Area	Florida	U.S.
Total Housing Units	28,460, see rank, 100%	9,051,851	132,741,033
Occupied Housing Units	23,714, 83.32%, see rank	79.74%	87.55%
Owner Occupied	16,985, 59.68%, see rank	52.73%	56.34%
Renter Occupied	6,729, 23.64%, see rank	27.01%	31.21%
Vacant Housing Units	4,746, 16.68%, see rank	20.26%	12.45%
For Rent	648, 2.28%, see rank	2.97%	2.34%
For Sale Only	555, 1.95%, see rank	1.66%	1.20%
Rented or Sold, Not Occupied	198, 0.70%, see rank	1.21%	0.92%
For Seasonal, Recreational, or Occasional Use	838, 2.94%, see rank	9.84%	3.97%
For Migrant Workers	0, 0.00%, see rank	0.04%	0.03%
Other Vacant	2,507, 8.81%, see rank	4.54%	4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #49

Lake City Area	Florida	U.S.
1989	1985	1976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

	Lake City Area	%	Florida	U.S.
Owner-Occupied Units	16,985	100%	4,772,944	74,787,460
With a Mortgage	9,001	52.99%, see rank	61.11%	65.58%
Without a Mortgage	7,984	47.01%, see rank	38.89%	34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage

Median Owner Costs, see rank

Lake City Area	1,061 USD
Florida	1,480 USD
U.S.	1,522 USD

Owner Costs Distribution

Monthly Owner Costs	Lake City Area	%	Florida	U.S.
$299 or Less	2	0.02%, see rank	0.21%	0.20%
$300 to $499	284	3.16%, see rank	1.53%	1.59%
$500 to $699	1,163	12.92%, see rank	5.00%	5.01%
$700 to $999	2,655	29.50%, see rank	14.91%	14.32%
$1,000 to $1,499	2,822	31.35%, see rank	29.50%	27.90%
$1,500 to $1,999	1,303	14.48%, see rank	21.21%	20.35%
$2,000 to $2,999	575	6.39%, see rank	18.45%	19.52%
$3,000 or More	197	2.19%, see rank	9.20%	11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Lake City Area	24.30% of the Total Income
Florida	26.90% of the Total Income
U.S.	23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Lake City Area	%	Florida	U.S.
10% or Less	469	5.21%, see rank	4.76%	5.86%
10% to 20%	2,587	28.74%, see rank	25.89%	31.95%
20% to 30%	2,400	26.66%, see rank	25.92%	27.64%
30% to 40%	1,082	12.02%, see rank	14.93%	13.74%
40% or More	2,340	26.00%, see rank	27.62%	20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage

Median Owner Costs, see rank

Lake City Area	326 USD
Florida	469 USD
U.S.	457 USD

Owner Costs Distribution

Monthly Owner Costs	Lake City Area	%	Florida	U.S.
$199 or Less	1,313	16.45%, see rank	9.06%	7.76%
$200 to $299	2,052	25.70%, see rank	13.71%	14.70%
$300 to $499	3,286	41.16%, see rank	32.19%	34.63%
$500 to $699	920	11.52%, see rank	22.09%	21.16%
$700 or More	413	5.17%, see rank	22.95%	21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Lake City Area	11.00% of the Total Income
Florida	13.30% of the Total Income
U.S.	12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Lake City Area	%	Florida	U.S.
10% or Less	3,615	45.28%, see rank	36.34%	40.19%
10% to 20%	2,377	29.77%, see rank	31.41%	31.47%
20% to 30%	1,126	14.10%, see rank	12.98%	12.24%
30% to 40%	346	4.33%, see rank	6.40%	5.64%
40% or More	417	5.22%, see rank	10.85%	9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

	Lake City Area	Florida	U.S.
Total Housing Units	28,460, 100%	9,051,851	132,741,033
1-unit, Detached	15,344, 53.91%, see rank	54.16%	61.65%
1-unit, Attached	166, 0.58%, see rank	6.28%	5.82%
2 Units	442, 1.55%, see rank	2.17%	3.75%
3 or 4 Units	608, 2.14%, see rank	3.85%	4.43%
5 to 9 Units	433, 1.52%, see rank	5.03%	4.78%
10 or More Units	1,237, 4.35%, see rank	19.24%	13.08%
Mobile Home, Boat, RV, Van, etc.	10,230, 35.95%, see rank	9.28%	6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

	Lake City Area	Florida	U.S.
Total Housing Units	28,460, 100%	9,051,851	132,741,033
1 Room	374, 1.31%, see rank	1.65%	1.95%
2 Rooms	409, 1.44%, see rank	2.16%	2.48%
3 Rooms	2,379, 8.36%, see rank	10.38%	9.13%
4 Rooms	5,191, 18.24%, see rank	21.92%	16.60%
5 Rooms	6,742, 23.69%, see rank	23.70%	20.41%
6 Rooms	5,912, 20.77%, see rank	17.82%	18.06%
7 Rooms	3,336, 11.72%, see rank	10.59%	12.27%
8 Rooms	2,249, 7.90%, see rank	6.13%	8.48%
9 Rooms or More	1,868, 6.56%, see rank	5.66%	10.60%
Median Rooms	5.40, see rank	5.10	5.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

	Lake City Area	Florida	U.S.
Total Housing Units	28,460, 100%	9,051,851	132,741,033
No Bedroom	390, 1.37%, see rank	1.80%	2.17%
1 Bedroom	937, 3.29%, see rank	10.62%	11.16%
2 Bedrooms	7,368, 25.89%, see rank	33.79%	26.69%
3 Bedrooms	15,389, 54.07%, see rank	38.45%	39.70%
4 Bedrooms	3,955, 13.90%, see rank	12.90%	16.05%
5 or More Bedrooms	421, 1.48%, see rank	2.45%	4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

	Lake City Area	Florida	U.S.
Total Housing Units	23,714, 100%	7,217,508	116,211,092
Utility Gas	1,184, 4.99%, see rank	4.53%	48.85%
Bottled, Tank, or LP Gas	973, 4.10%, see rank	1.12%	4.86%
Electricity	20,978, 88.46%, see rank	92.30%	36.68%
Fuel Oil, Kerosene, etc.	73, 0.31%, see rank	0.22%	5.86%
Coal or Coke	6, 0.03%, see rank	0.01%	0.12%
Wood	399, 1.68%, see rank	0.20%	2.12%
Solar Energy	0, 0.00%, see rank	0.03%	0.05%
Other Fuel	0, 0.00%, see rank	0.04%	0.47%
No Fuel Used	101, 0.43%, see rank	1.56%	1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly Rental	Lake City Area	Florida	U.S.
Occupied Units Paying Rent	6,008, 100%	2,322,949	39,201,928
$199 or Less	52, 0.87%, see rank	1.03%	1.50%
$200 to $299	161, 2.68%, see rank	1.85%	3.18%
$300 to $499	501, 8.34%, see rank	3.93%	7.37%
$500 to $699	1,627, 27.08%, see rank	11.03%	16.01%
$700 to $999	2,445, 40.70%, see rank	32.44%	29.17%
$1,000 to $1,499	991, 16.49%, see rank	34.44%	26.88%
$1,500 to $1,999	157, 2.61%, see rank	10.35%	9.79%
$2,000 or More	74, 1.23%, see rank	4.93%	6.10%
Median	$776, see rank	$998	$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

	Lake City Area	Florida	U.S.
Occupied Housing Units	23,714, 100%	7,217,508	116,211,092
No Vehicles Available	1,417, 5.98%, see rank	7.09%	9.12%
1 Vehicles Available	9,439, 39.80%, see rank	41.49%	33.80%
2 Vehicles Available	8,746, 36.88%, see rank	37.93%	37.48%
3 or More Vehicles Available	4,112, 17.34%, see rank	13.49%	19.61%

*Based on 2010-2014 data. View historical vehicle available data.