Hillsboro, ND Real Estate
According to census data in the year 2000 there were 730 housing units in Hillsboro.
This represents a 2.2% growth from 714 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 730 were located in what is classified as a rural area.
Homeownership rate in Hillsboro is about 67.5%.
Hillsboro's vacancy rate, including seasonal lodging, is about 6.4%.
Average household size is 2.22 people.
The majority of houses, apartments or condos in Hillsboro were built after 1967.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.80% |
| One Bedroom | 11.40% |
| Two Bedrooms | 35.30% |
| Three Bedrooms | 33.40% |
| Four Bedrooms | 15.60% |
| Five Bedrooms or more | 3.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.56 |
| Median year structure was built | 1956 |
| Median Value of occupied units | $60,500 |
| Median Price asked for vacant units | $41,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.53 |
| Median year structure was built | 1976 |
| Median Monthly Rent asked for vacant units | $280 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.50% |
| Second Mortgage | 4% |
| Home Equity Loan | 4.80% |
| Simple Mortgage | 46.70% |
| Debt Free | 44% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.5% |
