Cromwell, MN Real Estate
According to census data in the year 2000 there were 93 housing units in Cromwell.
This represents a 18.4% decline from 114 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 93 were located in what is classified as a rural area.
Homeownership rate in Cromwell is about 73%.
Cromwell's vacancy rate, including seasonal lodging, is about 32.3%.
Average household size is 2.03 people.
The majority of houses, apartments or condos in Cromwell were built after 1941.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 26.90% |
| Two Bedrooms | 43% |
| Three Bedrooms | 21.50% |
| Four Bedrooms | 8.60% |
| Five Bedrooms or more | 0% |
Owned Homes, Apartments and Condos
| Average Household Size | 1.91 |
| Median year structure was built | 1940 |
| Median Value of occupied units | $63,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.35 |
| Median year structure was built | 1941 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 6.10% |
| Home Equity Loan | 12.10% |
| Simple Mortgage | 42.40% |
| Debt Free | 39.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.1% |
