Big Lake, MN Real Estate
According to census data in the year 2000 there were 2,194 housing units in Big Lake.
This represents a 73.6% growth from 1,264 in 1990.
Of those housing units, 2,056 were located in either urbanized areas or urban clusters, and 138 were located in what is classified as a rural area.
Homeownership rate in Big Lake is about 84.6%.
Big Lake's vacancy rate, including seasonal lodging, is about 4.3%.
Average household size is 2.83 people.
The majority of houses, apartments or condos in Big Lake were built after 1990.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 11.10% |
| Two Bedrooms | 34.70% |
| Three Bedrooms | 29.30% |
| Four Bedrooms | 21.30% |
| Five Bedrooms or more | 3.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.91 |
| Median year structure was built | 1992 |
| Median Value of occupied units | $123,900 |
| Median Price asked for vacant units | $162,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.4 |
| Median year structure was built | 1980 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 11.40% |
| Home Equity Loan | 8.30% |
| Simple Mortgage | 70.80% |
| Debt Free | 9.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 21.4% |
