It also generally appreciates in value and is easier to sell than any other property type. That’s because land is low-maintenance and doesn’t require frequent check-ups. Is owning land a good investment?Investing in land can be considered a great move, especially in the long run. In short, urban land is within towns/cities/municipalities, whereas rural land is outside of population centers. Land that is not included within these urban areas is considered rural. What is the difference between urban and rural land?Urban land refers to densely populated and developed territory with specific administrative boundaries, including residential and commercial structures. Because rural land makes up most of the country, interested buyers have numerous options in terms of rural land for sale to choose from. They are also usually far from urban growth areas, such as cities, towns or other municipalities. About 19.3% of families and 24.6% of the population were below the poverty line, including 35.9% of those under age 18 and 18.2% of those age 65 or over.Frequently Asked Questions What is rural land?Rural land refers to pieces of land located in the countryside, where population and housing densities are low. The per capita income for the village was $16,418. Males had a median income of $37,500 versus $27,955 for females. The median income for a household in the village was $32,222, and the median income for a family was $41,111. For every 100 females age 18 and over, there were 85.4 males. For every 100 females, there were 91.6 males. In the village, the population was spread out, with 29.0% under the age of 18, 6.4% from 18 to 24, 30.7% from 25 to 44, 23.4% from 45 to 64, and 10.5% who were 65 years of age or older. The average household size was 2.43 and the average family size was 2.97. 27.2% of all households were made up of individuals, and 11.5% had someone living alone who was 65 years of age or older. There were 243 households, out of which 34.6% had children under the age of 18 living with them, 42.8% were married couples living together, 15.6% had a female householder with no husband present, and 35.8% were non-families. Hispanic or Latino of any race were 1.19% of the population. The racial makeup of the village was 98.64% White, 0.17% African American, 0.34% Asian, and 0.85% from two or more races. There were 271 housing units at an average density of 264.9 per square mile (102.6/km 2). The population density was 576.7 people per square mile (223.3/km 2). Little Sandy Creek flows westward through the village and the adjacent Village of Sandy Creek.ĭemographics Historical populationĪs of the census of 2000, there were 590 people, 243 households, and 156 families residing in the village. Īccording to the United States Census Bureau, the village has a total area of 1.0 square mile (2.6 km 2), all land. Salisbury House, Matthew Shoecraft House, Fred Smart House, and Newman Tuttle House are listed on the National Register of Historic Places.
Barlow House, First National Bank of Lacona, Lacona Clock Tower, Lacona Railroad Station and Depot, Charles M. Lacona was incorporated as a village in 1880.
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