Nelson, MN Real Estate
According to census data in the year 2000 there were 69 housing units in Nelson.
This represents a 9.2% decline from 76 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 69 were located in what is classified as a rural area.
Homeownership rate in Nelson is about 65.6%.
Nelson's vacancy rate, including seasonal lodging, is about 7.2%.
Average household size is 2.44 people.
The majority of houses, apartments or condos in Nelson were built after 1940.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 14.50% |
| Two Bedrooms | 20.30% |
| Three Bedrooms | 40.60% |
| Four Bedrooms | 20.30% |
| Five Bedrooms or more | 4.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.52 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $65,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.27 |
| Median year structure was built | 1943 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 8.80% |
| Home Equity Loan | 14.70% |
| Simple Mortgage | 52.90% |
| Debt Free | 23.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.5% |
