Groton, SD Real Estate
According to census data in the year 2000 there were 583 housing units in Groton.
This represents a 8.6% growth from 537 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 583 were located in what is classified as a rural area.
Homeownership rate in Groton is about 73.2%.
Groton's vacancy rate, including seasonal lodging, is about 9.8%.
Average household size is 2.45 people.
The majority of houses, apartments or condos in Groton were built after 1958.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.30% |
| One Bedroom | 13.40% |
| Two Bedrooms | 33.10% |
| Three Bedrooms | 30.70% |
| Four Bedrooms | 17% |
| Five Bedrooms or more | 5.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.75 |
| Median year structure was built | 1953 |
| Median Value of occupied units | $71,000 |
| Median Price asked for vacant units | $21,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.65 |
| Median year structure was built | 1966 |
| Median Monthly Rent asked for vacant units | $190 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5.30% |
| Home Equity Loan | 3.40% |
| Simple Mortgage | 46.60% |
| Debt Free | 44.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.1% |
