Willmar, MN Real Estate
According to census data in the year 2000 there were 7,788 housing units in Willmar.
This represents a 11.5% growth from 6,985 in 1990.
Of those housing units, 7,775 were located in either urbanized areas or urban clusters, and 13 were located in what is classified as a rural area.
Homeownership rate in Willmar is about 62.7%.
Willmar's vacancy rate, including seasonal lodging, is about 6.2%.
Average household size is 2.44 people.
The majority of houses, apartments or condos in Willmar were built after 1971.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.30% |
| One Bedroom | 17% |
| Two Bedrooms | 30.90% |
| Three Bedrooms | 31.50% |
| Four Bedrooms | 15.10% |
| Five Bedrooms or more | 3.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.74 |
| Median year structure was built | 1966 |
| Median Value of occupied units | $83,700 |
| Median Price asked for vacant units | $70,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.94 |
| Median year structure was built | 1974 |
| Median Monthly Rent asked for vacant units | $422 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 9.30% |
| Home Equity Loan | 10.20% |
| Simple Mortgage | 48.50% |
| Debt Free | 31.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.4% |
