Arco, MN Real Estate
According to census data in the year 2000 there were 50 housing units in Arco.
This represents a 7.4% decline from 54 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 50 were located in what is classified as a rural area.
Homeownership rate in Arco is about 85.4%.
Arco's vacancy rate, including seasonal lodging, is about 18%.
Average household size is 2.49 people.
The majority of houses, apartments or condos in Arco were built after 1939.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 0% |
| Two Bedrooms | 26% |
| Three Bedrooms | 54% |
| Four Bedrooms | 12% |
| Five Bedrooms or more | 8% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.43 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $14,200 |
| Median Price asked for vacant units | $12,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.83 |
| Median year structure was built | 1960 |
| Median Monthly Rent asked for vacant units | $125 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0% |
| Home Equity Loan | 0% |
| Simple Mortgage | 39.40% |
| Debt Free | 60.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 13.1% |
