Beaver Bay, MN Real Estate
According to census data in the year 2000 there were 145 housing units in Beaver Bay.
This represents a 26.1% growth from 115 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 145 were located in what is classified as a rural area.
Homeownership rate in Beaver Bay is about 58.4%.
Beaver Bay's vacancy rate, including seasonal lodging, is about 38.6%.
Average household size is 1.85 people.
The majority of houses, apartments or condos in Beaver Bay were built after 1962.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 9.70% |
| One Bedroom | 27.60% |
| Two Bedrooms | 21.40% |
| Three Bedrooms | 24.10% |
| Four Bedrooms | 9.70% |
| Five Bedrooms or more | 7.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.04 |
| Median year structure was built | 1963 |
| Median Value of occupied units | $60,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.59 |
| Median year structure was built | 1961 |
| Median Monthly Rent asked for vacant units | $369 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0% |
| Home Equity Loan | 0% |
| Simple Mortgage | 56.30% |
| Debt Free | 43.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 13.1% |
