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Menahga, MN Real Estate


According to census data in the year 2000 there were 552 housing units in Menahga. This represents a 9.1% growth from 506 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 552 were located in what is classified as a rural area.

Homeownership rate in Menahga is about 74.4%. Menahga's vacancy rate, including seasonal lodging, is about 10.7%. Average household size is 2.23 people.

The majority of houses, apartments or condos in Menahga were built after 1968.

Statistics

Housing Size

Housing Units by Size
Studio Type0.40%
One Bedroom19.40%
Two Bedrooms40.20%
Three Bedrooms29.30%
Four Bedrooms8.30%
Five Bedrooms or more2.40%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.37
Median year structure was built1965
Median Value of occupied units$57,200
Median Price asked for vacant units$36,700

Rented Homes, Apartments and Condos

Average Household Size1.83
Median year structure was built1972
Median Monthly Rent asked for vacant units$175

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage4.20%
Home Equity Loan0.60%
Simple Mortgage37.30%
Debt Free57.90%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs16.8%