Royalton, MN Real Estate
According to census data in the year 2000 there were 329 housing units in Royalton.
This represents a 4.8% growth from 314 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 329 were located in what is classified as a rural area.
Homeownership rate in Royalton is about 73.1%.
Royalton's vacancy rate, including seasonal lodging, is about 1.5%.
Average household size is 2.57 people.
The majority of houses, apartments or condos in Royalton were built after 1966.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.60% |
| One Bedroom | 11.60% |
| Two Bedrooms | 28.90% |
| Three Bedrooms | 42.60% |
| Four Bedrooms | 14% |
| Five Bedrooms or more | 2.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.77 |
| Median year structure was built | 1959 |
| Median Value of occupied units | $83,400 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.02 |
| Median year structure was built | 1972 |
| Median Monthly Rent asked for vacant units | $99 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 13.30% |
| Home Equity Loan | 4.80% |
| Simple Mortgage | 56.20% |
| Debt Free | 25.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.2% |
