Elbow Lake, MN Real Estate
According to census data in the year 2000 there were 90 housing units in Elbow Lake.
Of those housing units, none were located in either urbanized areas or urban clusters, and 90 were located in what is classified as a rural area.
Homeownership rate in Elbow Lake is about 60.4%.
Elbow Lake's vacancy rate, including seasonal lodging, is about 46.7%.
Average household size is 3.1 people.
The majority of houses, apartments or condos in Elbow Lake were built after 1980.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 8.90% |
| Two Bedrooms | 45.60% |
| Three Bedrooms | 26.70% |
| Four Bedrooms | 18.90% |
| Five Bedrooms or more | 0% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.55 |
| Median year structure was built | 1982 |
| Median Value of occupied units | $45,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 3.95 |
| Median year structure was built | 1979 |
| Median Monthly Rent asked for vacant units | $125 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0% |
| Home Equity Loan | 0% |
| Simple Mortgage | 8.30% |
| Debt Free | 91.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 10% |
