Borup, MN Real Estate
According to census data in the year 2000 there were 51 housing units in Borup.
This represents a 10.5% decline from 57 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 51 were located in what is classified as a rural area.
Homeownership rate in Borup is about 79.4%.
Borup's vacancy rate, including seasonal lodging, is about 33.3%.
Average household size is 2.65 people.
The majority of houses, apartments or condos in Borup were built after 1944.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 3.90% |
| Two Bedrooms | 23.50% |
| Three Bedrooms | 60.80% |
| Four Bedrooms | 7.80% |
| Five Bedrooms or more | 3.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.89 |
| Median year structure was built | 1943 |
| Median Value of occupied units | $23,500 |
| Median Price asked for vacant units | $12,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.71 |
| Median year structure was built | 1953 |
| Median Monthly Rent asked for vacant units | $344 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0% |
| Home Equity Loan | 0% |
| Simple Mortgage | 66.70% |
| Debt Free | 33.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 13% |
