Wadena, MN Real Estate
According to census data in the year 2000 there were 1,933 housing units in Wadena.
This represents a 0.5% growth from 1,923 in 1990.
Of those housing units, 1,839 were located in either urbanized areas or urban clusters, and 94 were located in what is classified as a rural area.
Homeownership rate in Wadena is about 63.5%.
Wadena's vacancy rate, including seasonal lodging, is about 3.6%.
Average household size is 2.19 people.
The majority of houses, apartments or condos in Wadena were built after 1958.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.10% |
| One Bedroom | 20.80% |
| Two Bedrooms | 25.60% |
| Three Bedrooms | 34.70% |
| Four Bedrooms | 15.10% |
| Five Bedrooms or more | 1.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.54 |
| Median year structure was built | 1954 |
| Median Value of occupied units | $51,200 |
| Median Price asked for vacant units | $36,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.59 |
| Median year structure was built | 1968 |
| Median Monthly Rent asked for vacant units | $267 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 3.30% |
| Home Equity Loan | 2.50% |
| Simple Mortgage | 50.90% |
| Debt Free | 43.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.5% |
