Baxter, MN Real Estate
According to census data in the year 2000 there were 2,007 housing units in Baxter.
This represents a 59.7% growth from 1,257 in 1990.
Of those housing units, 1,044 were located in either urbanized areas or urban clusters, and 963 were located in what is classified as a rural area.
Homeownership rate in Baxter is about 90.6%.
Baxter's vacancy rate, including seasonal lodging, is about 2.2%.
Average household size is 2.87 people.
The majority of houses, apartments or condos in Baxter were built after 1986.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 6.50% |
| Two Bedrooms | 14.70% |
| Three Bedrooms | 37.70% |
| Four Bedrooms | 36.80% |
| Five Bedrooms or more | 4.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.97 |
| Median year structure was built | 1985 |
| Median Value of occupied units | $121,600 |
| Median Price asked for vacant units | $137,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.92 |
| Median year structure was built | 1991 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 1.50% |
| Second Mortgage | 8.40% |
| Home Equity Loan | 11.10% |
| Simple Mortgage | 56% |
| Debt Free | 23% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.5% |
