Clara City, MN Real Estate
According to census data in the year 2000 there were 624 housing units in Clara City.
This represents a 4.7% growth from 596 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 624 were located in what is classified as a rural area.
Homeownership rate in Clara City is about 80.8%.
Clara City's vacancy rate, including seasonal lodging, is about 6.7%.
Average household size is 2.17 people.
The majority of houses, apartments or condos in Clara City were built after 1956.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.60% |
| One Bedroom | 10.70% |
| Two Bedrooms | 28% |
| Three Bedrooms | 44.70% |
| Four Bedrooms | 12.70% |
| Five Bedrooms or more | 3.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.3 |
| Median year structure was built | 1954 |
| Median Value of occupied units | $58,500 |
| Median Price asked for vacant units | $47,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.62 |
| Median year structure was built | 1973 |
| Median Monthly Rent asked for vacant units | $685 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5% |
| Home Equity Loan | 3.40% |
| Simple Mortgage | 42.70% |
| Debt Free | 48.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.3% |
