South Lanarkshire is located in the central belt of Scotland. It borders North Lanarkshire, East Ayrshire, East Dunbartonshire, Falkirk, Glasgow City and North Ayrshire. The county covers an area of approximately 1040 square kilometres and has a population of over 487,000 residents (2011). South Lanarkshire is the sixth largest local authority in Scotland by population. The county of South Lanarkshire was formed in 1975 from the areas of Clydesdale, Hamilton and Tweeddale from the historic counties of Lanarkshire and Roxburghshire and also includes portions of Cumbernauld and Kilsyth from Stirling council area. Out of a total number of 183,000 households, approximately 57% are owner occupied whilst 43% are rented. The average house price is approximately £144,885 and the average tenancy agreement is for 6 to 12 months.