Minnetonka Beach, MN Real Estate
According to census data in the year 2000 there were 229 housing units in Minnetonka Beach.
This represents a 4.1% growth from 220 in 1990.
Of those housing units, 229 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Minnetonka Beach is about 90%.
Minnetonka Beach's vacancy rate, including seasonal lodging, is about 4.4%.
Average household size is 2.85 people.
The majority of houses, apartments or condos in Minnetonka Beach were built after 1956.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 3.10% |
| Two Bedrooms | 6.10% |
| Three Bedrooms | 27.50% |
| Four Bedrooms | 38.90% |
| Five Bedrooms or more | 24.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.99 |
| Median year structure was built | 1959 |
| Median Value of occupied units | $583,300 |
| Median Price asked for vacant units | $875,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.64 |
| Median year structure was built | 1944 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 1% |
| Second Mortgage | 14.40% |
| Home Equity Loan | 23.70% |
| Simple Mortgage | 41.80% |
| Debt Free | 19.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.8% |
