Lake Minchumina, AK Real Estate

According to census data in the year 2000 there were 43 housing units in Lake Minchumina. This represents a 26.5% growth from 34 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 43 were located in what is classified as a rural area.

Homeownership rate in Lake Minchumina is about 80%. Lake Minchumina's vacancy rate, including seasonal lodging, is about 53.5%. Average household size is 1.6 people.

The majority of houses, apartments or condos in Lake Minchumina were built after 1993.


Housing Size

Housing Units by Size
Studio Type39.50%
One Bedroom25.60%
Two Bedrooms23.30%
Three Bedrooms9.30%
Four Bedrooms2.30%
Five Bedrooms or more0%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size1.38
Median year structure was built1995
Median Value of occupied units$46,300
Median Price asked for vacant units$32,500

Rented Homes, Apartments and Condos

Average Household Size2.5
Median year structure was built1985
Median Monthly Rent asked for vacant units$325

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0%
Home Equity Loan0%
Simple Mortgage20%
Debt Free80%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs9.9%