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Beaver Bay, MN Real Estate


According to census data in the year 2000 there were 145 housing units in Beaver Bay. This represents a 26.1% growth from 115 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 145 were located in what is classified as a rural area.

Homeownership rate in Beaver Bay is about 58.4%. Beaver Bay's vacancy rate, including seasonal lodging, is about 38.6%. Average household size is 1.85 people.

The majority of houses, apartments or condos in Beaver Bay were built after 1962.

Statistics

Housing Size

Housing Units by Size
Studio Type9.70%
One Bedroom27.60%
Two Bedrooms21.40%
Three Bedrooms24.10%
Four Bedrooms9.70%
Five Bedrooms or more7.60%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.04
Median year structure was built1963
Median Value of occupied units$60,000

Rented Homes, Apartments and Condos

Average Household Size1.59
Median year structure was built1961
Median Monthly Rent asked for vacant units$369

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0%
Home Equity Loan0%
Simple Mortgage56.30%
Debt Free43.80%
As % of Housing Units
   
Median part of Monthly Household Income dedicated to covering home ownership costs13.1%