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Big Lake, MN Real Estate


According to census data in the year 2000 there were 2,194 housing units in Big Lake. This represents a 73.6% growth from 1,264 in 1990.

Of those housing units, 2,056 were located in either urbanized areas or urban clusters, and 138 were located in what is classified as a rural area.

Homeownership rate in Big Lake is about 84.6%. Big Lake's vacancy rate, including seasonal lodging, is about 4.3%. Average household size is 2.83 people.

The majority of houses, apartments or condos in Big Lake were built after 1990.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom11.10%
Two Bedrooms34.70%
Three Bedrooms29.30%
Four Bedrooms21.30%
Five Bedrooms or more3.60%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.91
Median year structure was built1992
Median Value of occupied units$123,900
Median Price asked for vacant units$162,500

Rented Homes, Apartments and Condos

Average Household Size2.4
Median year structure was built1980

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.30%
Second Mortgage11.40%
Home Equity Loan8.30%
Simple Mortgage70.80%
Debt Free9.30%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs21.4%