White Bear Lake, MN Real Estate
According to census data in the year 2000 there were 9,855 housing units in White Bear Lake.
This represents a 4.1% growth from 9,465 in 1990.
Of those housing units, 9,855 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in White Bear Lake is about 74.7%.
White Bear Lake's vacancy rate, including seasonal lodging, is about 2.2%.
Average household size is 2.5 people.
The majority of houses, apartments or condos in White Bear Lake were built after 1966.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.80% |
| One Bedroom | 10.20% |
| Two Bedrooms | 31.20% |
| Three Bedrooms | 40.10% |
| Four Bedrooms | 15.10% |
| Five Bedrooms or more | 2.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.63 |
| Median year structure was built | 1963 |
| Median Value of occupied units | $130,400 |
| Median Price asked for vacant units | $350,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.13 |
| Median year structure was built | 1976 |
| Median Monthly Rent asked for vacant units | $916 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.50% |
| Second Mortgage | 7.40% |
| Home Equity Loan | 13.30% |
| Simple Mortgage | 54.20% |
| Debt Free | 24.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.6% |
