Gibbon, MN Real Estate
According to census data in the year 2000 there were 379 housing units in Gibbon.
This represents a 5.6% growth from 359 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 379 were located in what is classified as a rural area.
Homeownership rate in Gibbon is about 81.5%.
Gibbon's vacancy rate, including seasonal lodging, is about 4.2%.
Average household size is 2.17 people.
The majority of houses, apartments or condos in Gibbon were built after 1949.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 5.30% |
| Two Bedrooms | 31.90% |
| Three Bedrooms | 46.70% |
| Four Bedrooms | 15.30% |
| Five Bedrooms or more | 0.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.13 |
| Median year structure was built | 1948 |
| Median Value of occupied units | $51,500 |
| Median Price asked for vacant units | $12,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.37 |
| Median year structure was built | 1959 |
| Median Monthly Rent asked for vacant units | $375 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.30% |
| Home Equity Loan | 1.40% |
| Simple Mortgage | 34.20% |
| Debt Free | 60.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 12.5% |
