Lino Lakes, MN Real Estate
According to census data in the year 2000 there were 4,925 housing units in Lino Lakes.
This represents a 85.6% growth from 2,653 in 1990.
Of those housing units, 4,424 were located in either urbanized areas or urban clusters, and 501 were located in what is classified as a rural area.
Homeownership rate in Lino Lakes is about 96.2%.
Lino Lakes's vacancy rate, including seasonal lodging, is about 1.6%.
Average household size is 3.21 people.
The majority of houses, apartments or condos in Lino Lakes were built after 1989.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.50% |
| One Bedroom | 0.80% |
| Two Bedrooms | 16.80% |
| Three Bedrooms | 43.80% |
| Four Bedrooms | 33.90% |
| Five Bedrooms or more | 4.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.22 |
| Median year structure was built | 1990 |
| Median Value of occupied units | $162,700 |
| Median Price asked for vacant units | $225,700 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.97 |
| Median year structure was built | 1972 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.40% |
| Second Mortgage | 12.80% |
| Home Equity Loan | 16.10% |
| Simple Mortgage | 62.50% |
| Debt Free | 8.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 20.1% |
