Proctor, MN Real Estate
According to census data in the year 2000 there were 1,236 housing units in Proctor.
This represents a 0.7% decline from 1,245 in 1990.
Of those housing units, 1,227 were located in either urbanized areas or urban clusters, and 9 were located in what is classified as a rural area.
Homeownership rate in Proctor is about 79.8%.
Proctor's vacancy rate, including seasonal lodging, is about 4%.
Average household size is 2.38 people.
The majority of houses, apartments or condos in Proctor were built after 1953.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.30% |
| One Bedroom | 20.20% |
| Two Bedrooms | 26.60% |
| Three Bedrooms | 37.10% |
| Four Bedrooms | 12.50% |
| Five Bedrooms or more | 1.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.51 |
| Median year structure was built | 1951 |
| Median Value of occupied units | $72,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.9 |
| Median year structure was built | 1972 |
| Median Monthly Rent asked for vacant units | $509 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 2.10% |
| Second Mortgage | 4.80% |
| Home Equity Loan | 8.90% |
| Simple Mortgage | 44.40% |
| Debt Free | 39.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.6% |
