Heron Lake, MN Real Estate
According to census data in the year 2000 there were 326 housing units in Heron Lake.
This represents a 2.1% decline from 333 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 326 were located in what is classified as a rural area.
Homeownership rate in Heron Lake is about 83.3%.
Heron Lake's vacancy rate, including seasonal lodging, is about 12%.
Average household size is 2.5 people.
The majority of houses, apartments or condos in Heron Lake were built after 1943.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.90% |
| One Bedroom | 11% |
| Two Bedrooms | 32.50% |
| Three Bedrooms | 34.70% |
| Four Bedrooms | 17.80% |
| Five Bedrooms or more | 3.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.54 |
| Median year structure was built | 1943 |
| Median Value of occupied units | $33,800 |
| Median Price asked for vacant units | $27,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.29 |
| Median year structure was built | 1943 |
| Median Monthly Rent asked for vacant units | $325 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0% |
| Home Equity Loan | 1.80% |
| Simple Mortgage | 47.30% |
| Debt Free | 50.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.1% |
