Braham, MN Real Estate
According to census data in the year 2000 there were 558 housing units in Braham.
This represents a 15.8% growth from 482 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 558 were located in what is classified as a rural area.
Homeownership rate in Braham is about 66.5%.
Braham's vacancy rate, including seasonal lodging, is about 9.7%.
Average household size is 2.46 people.
The majority of houses, apartments or condos in Braham were built after 1963.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.40% |
| One Bedroom | 21% |
| Two Bedrooms | 30.60% |
| Three Bedrooms | 32.60% |
| Four Bedrooms | 13.30% |
| Five Bedrooms or more | 1.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.67 |
| Median year structure was built | 1957 |
| Median Value of occupied units | $82,000 |
| Median Price asked for vacant units | $75,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.06 |
| Median year structure was built | 1973 |
| Median Monthly Rent asked for vacant units | $754 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 1.50% |
| Second Mortgage | 10.40% |
| Home Equity Loan | 8.20% |
| Simple Mortgage | 52.60% |
| Debt Free | 27.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.8% |
