Gary, MN Real Estate
According to census data in the year 2000 there were 94 housing units in Gary.
This represents a 1.1% growth from 93 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 94 were located in what is classified as a rural area.
Homeownership rate in Gary is about 94.3%.
Gary's vacancy rate, including seasonal lodging, is about 6.4%.
Average household size is 2.49 people.
The majority of houses, apartments or condos in Gary were built after 1939.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 5.30% |
| Two Bedrooms | 24.50% |
| Three Bedrooms | 38.30% |
| Four Bedrooms | 17% |
| Five Bedrooms or more | 14.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.51 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $30,400 |
| Median Price asked for vacant units | $20,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.2 |
| Median year structure was built | 1939 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 2.90% |
| Second Mortgage | 4.30% |
| Home Equity Loan | 5.70% |
| Simple Mortgage | 30% |
| Debt Free | 57.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 11.7% |
