Iron Junction, MN Real Estate
According to census data in the year 2000 there were 47 housing units in Iron Junction.
This represents a 9.6% decline from 52 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 47 were located in what is classified as a rural area.
Homeownership rate in Iron Junction is about 95.7%.
Average household size is 1.96 people.
The majority of houses, apartments or condos in Iron Junction were built after 1953.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 14.90% |
| Two Bedrooms | 48.90% |
| Three Bedrooms | 29.80% |
| Four Bedrooms | 6.40% |
| Five Bedrooms or more | 0% |
Owned Homes, Apartments and Condos
| Average Household Size | 2 |
| Median year structure was built | 1953 |
| Median Value of occupied units | $37,200 |
Rented Homes, Apartments and Condos
| Average Household Size | 1 |
| Median year structure was built | 1955 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5.60% |
| Home Equity Loan | 5.60% |
| Simple Mortgage | 36.10% |
| Debt Free | 52.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 13.8% |
