Wood Lake, MN Real Estate
According to census data in the year 2000 there were 181 housing units in Wood Lake.
This represents a 0.6% growth from 180 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 181 were located in what is classified as a rural area.
Homeownership rate in Wood Lake is about 86.4%.
Wood Lake's vacancy rate, including seasonal lodging, is about 2.8%.
Average household size is 2.32 people.
The majority of houses, apartments or condos in Wood Lake were built after 1944.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 5.50% |
| Two Bedrooms | 36.50% |
| Three Bedrooms | 33.70% |
| Four Bedrooms | 22.70% |
| Five Bedrooms or more | 1.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.43 |
| Median year structure was built | 1942 |
| Median Value of occupied units | $36,900 |
| Median Price asked for vacant units | $12,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.67 |
| Median year structure was built | 1950 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 7.20% |
| Home Equity Loan | 0% |
| Simple Mortgage | 27.30% |
| Debt Free | 65.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 11.8% |
