Twin Lakes, MN Real Estate
According to census data in the year 2000 there were 82 housing units in Twin Lakes.
This represents a 6.5% growth from 77 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 82 were located in what is classified as a rural area.
Homeownership rate in Twin Lakes is about 83.8%.
Twin Lakes's vacancy rate, including seasonal lodging, is about 2.4%.
Average household size is 1.91 people.
The majority of houses, apartments or condos in Twin Lakes were built after 1961.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.40% |
| One Bedroom | 6.10% |
| Two Bedrooms | 47.60% |
| Three Bedrooms | 36.60% |
| Four Bedrooms | 4.90% |
| Five Bedrooms or more | 2.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 1.87 |
| Median year structure was built | 1960 |
| Median Value of occupied units | $32,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.15 |
| Median year structure was built | 1963 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.40% |
| Home Equity Loan | 8.90% |
| Simple Mortgage | 26.70% |
| Debt Free | 60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 13.9% |
