Birchwood Village, MN Real Estate
According to census data in the year 2000 there were 366 housing units in Birchwood Village.
This represents a 2.7% decline from 376 in 1990.
Of those housing units, 366 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Birchwood Village is about 93.6%.
Birchwood Village's vacancy rate, including seasonal lodging, is about 2.5%.
Average household size is 2.71 people.
The majority of houses, apartments or condos in Birchwood Village were built after 1962.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 5.20% |
| Two Bedrooms | 11.20% |
| Three Bedrooms | 39.30% |
| Four Bedrooms | 32.80% |
| Five Bedrooms or more | 11.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.73 |
| Median year structure was built | 1962 |
| Median Value of occupied units | $206,100 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.48 |
| Median year structure was built | 1948 |
| Median Monthly Rent asked for vacant units | $325 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 1.30% |
| Second Mortgage | 8.30% |
| Home Equity Loan | 10.20% |
| Simple Mortgage | 50.50% |
| Debt Free | 29.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.9% |
