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Chokio, MN Real Estate


According to census data in the year 2000 there were 237 housing units in Chokio. This represents a 6.3% decline from 253 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 237 were located in what is classified as a rural area.

Homeownership rate in Chokio is about 85.6%. Chokio's vacancy rate, including seasonal lodging, is about 15.2%. Average household size is 2.3 people.

The majority of houses, apartments or condos in Chokio were built after 1952.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom10.10%
Two Bedrooms34.20%
Three Bedrooms32.10%
Four Bedrooms21.90%
Five Bedrooms or more1.70%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.44
Median year structure was built1953
Median Value of occupied units$45,300
Median Price asked for vacant units$55,000

Rented Homes, Apartments and Condos

Average Household Size1.45
Median year structure was built1949
Median Monthly Rent asked for vacant units$478

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2.60%
Home Equity Loan2.60%
Simple Mortgage42.90%
Debt Free51.90%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs12.9%