Mound, MN Real Estate
According to census data in the year 2000 there were 4,118 housing units in Mound.
This represents a 3.9% growth from 3,965 in 1990.
Of those housing units, 4,118 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Mound is about 80.6%.
Mound's vacancy rate, including seasonal lodging, is about 3.3%.
Average household size is 2.37 people.
The majority of houses, apartments or condos in Mound were built after 1970.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.30% |
| One Bedroom | 15.50% |
| Two Bedrooms | 25.80% |
| Three Bedrooms | 38.70% |
| Four Bedrooms | 15.60% |
| Five Bedrooms or more | 3.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.52 |
| Median year structure was built | 1969 |
| Median Value of occupied units | $140,300 |
| Median Price asked for vacant units | $420,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.73 |
| Median year structure was built | 1971 |
| Median Monthly Rent asked for vacant units | $558 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 1.40% |
| Second Mortgage | 14.10% |
| Home Equity Loan | 11.90% |
| Simple Mortgage | 60% |
| Debt Free | 12.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 20% |
