Ormsby, MN Real Estate
According to census data in the year 2000 there were 64 housing units in Ormsby.
This represents a 8.6% decline from 70 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 64 were located in what is classified as a rural area.
Homeownership rate in Ormsby is about 96.7%.
Ormsby's vacancy rate, including seasonal lodging, is about 6.3%.
Average household size is 2.48 people.
The majority of houses, apartments or condos in Ormsby were built after 1950.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 0% |
| Two Bedrooms | 29.70% |
| Three Bedrooms | 45.30% |
| Four Bedrooms | 15.60% |
| Five Bedrooms or more | 9.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.45 |
| Median year structure was built | 1951 |
| Median Value of occupied units | $46,000 |
| Median Price asked for vacant units | $12,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 3.5 |
| Median year structure was built | 1939 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0% |
| Home Equity Loan | 3.70% |
| Simple Mortgage | 33.30% |
| Debt Free | 63% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 12.8% |
