Austin, MN Real Estate
According to census data in the year 2000 there were 10,266 housing units in Austin.
This represents a 4.8% growth from 9,798 in 1990.
Of those housing units, 10,131 were located in either urbanized areas or urban clusters, and 135 were located in what is classified as a rural area.
Homeownership rate in Austin is about 73.8%.
Austin's vacancy rate, including seasonal lodging, is about 3.5%.
Average household size is 2.29 people.
The majority of houses, apartments or condos in Austin were built after 1952.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.20% |
| One Bedroom | 16.40% |
| Two Bedrooms | 28.40% |
| Three Bedrooms | 39.30% |
| Four Bedrooms | 11.70% |
| Five Bedrooms or more | 1.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.42 |
| Median year structure was built | 1951 |
| Median Value of occupied units | $68,600 |
| Median Price asked for vacant units | $47,900 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.92 |
| Median year structure was built | 1963 |
| Median Monthly Rent asked for vacant units | $298 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.10% |
| Second Mortgage | 6.70% |
| Home Equity Loan | 8.10% |
| Simple Mortgage | 44.90% |
| Debt Free | 40.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.1% |
