Hinckley, MN Real Estate
According to census data in the year 2000 there were 595 housing units in Hinckley.
This represents a 30.5% growth from 456 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 595 were located in what is classified as a rural area.
Homeownership rate in Hinckley is about 59.2%.
Hinckley's vacancy rate, including seasonal lodging, is about 7.2%.
Average household size is 2.35 people.
The majority of houses, apartments or condos in Hinckley were built after 1965.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.50% |
| One Bedroom | 19.20% |
| Two Bedrooms | 31.80% |
| Three Bedrooms | 36.30% |
| Four Bedrooms | 9.10% |
| Five Bedrooms or more | 1.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.55 |
| Median year structure was built | 1955 |
| Median Value of occupied units | $79,500 |
| Median Price asked for vacant units | $55,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.07 |
| Median year structure was built | 1981 |
| Median Monthly Rent asked for vacant units | $515 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 8.40% |
| Home Equity Loan | 10.40% |
| Simple Mortgage | 48.20% |
| Debt Free | 33.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.1% |
