Mountain Lake, MN Real Estate
According to census data in the year 2000 there were 898 housing units in Mountain Lake.
This represents a 1.7% growth from 883 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 898 were located in what is classified as a rural area.
Homeownership rate in Mountain Lake is about 79.7%.
Mountain Lake's vacancy rate, including seasonal lodging, is about 8.6%.
Average household size is 2.41 people.
The majority of houses, apartments or condos in Mountain Lake were built after 1950.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.60% |
| One Bedroom | 16.10% |
| Two Bedrooms | 22.50% |
| Three Bedrooms | 38.80% |
| Four Bedrooms | 18.70% |
| Five Bedrooms or more | 3.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.54 |
| Median year structure was built | 1950 |
| Median Value of occupied units | $42,800 |
| Median Price asked for vacant units | $9,999 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.9 |
| Median year structure was built | 1953 |
| Median Monthly Rent asked for vacant units | $325 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 1.80% |
| Home Equity Loan | 3.70% |
| Simple Mortgage | 39.20% |
| Debt Free | 55.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 12.5% |
