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Warba, MN Real Estate


According to census data in the year 2000 there were 88 housing units in Warba. This represents a 27.5% growth from 69 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 88 were located in what is classified as a rural area.

Homeownership rate in Warba is about 79.1%. Warba's vacancy rate, including seasonal lodging, is about 2.3%. Average household size is 2.28 people.

The majority of houses, apartments or condos in Warba were built after 1969.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom12.50%
Two Bedrooms38.60%
Three Bedrooms46.60%
Four Bedrooms2.30%
Five Bedrooms or more0%
As % of Housing Units
       

Owned Homes, Apartments and Condos

Average Household Size2.44
Median year structure was built1974
Median Value of occupied units$60,000

Rented Homes, Apartments and Condos

Average Household Size1.67
Median year structure was built1942

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage5.90%
Home Equity Loan5.90%
Simple Mortgage47.10%
Debt Free41.20%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs15.8%