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Aitkin, MN Real Estate


According to census data in the year 2000 there were 968 housing units in Aitkin. This represents a 7.9% growth from 897 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 968 were located in what is classified as a rural area.

Homeownership rate in Aitkin is about 56.3%. Aitkin's vacancy rate, including seasonal lodging, is about 7.5%. Average household size is 1.96 people.

The majority of houses, apartments or condos in Aitkin were built after 1958.

Statistics

Housing Size

Housing Units by Size
Studio Type1%
One Bedroom22.60%
Two Bedrooms36.70%
Three Bedrooms26.50%
Four Bedrooms11.20%
Five Bedrooms or more2%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.38
Median year structure was built1948
Median Value of occupied units$69,900
Median Price asked for vacant units$42,500

Rented Homes, Apartments and Condos

Average Household Size1.41
Median year structure was built1969
Median Monthly Rent asked for vacant units$442

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.90%
Second Mortgage6.50%
Home Equity Loan4.50%
Simple Mortgage44.90%
Debt Free43.10%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs16.1%