Biwabik, MN Real Estate

According to census data in the year 2000 there were 491 housing units in Biwabik. This represents a 3.5% decline from 509 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 491 were located in what is classified as a rural area.

Homeownership rate in Biwabik is about 82.7%. Biwabik's vacancy rate, including seasonal lodging, is about 7.9%. Average household size is 2.09 people.

The majority of houses, apartments or condos in Biwabik were built after 1952.


Housing Size

Housing Units by Size
Studio Type1.40%
One Bedroom11.80%
Two Bedrooms38.50%
Three Bedrooms38.50%
Four Bedrooms8.10%
Five Bedrooms or more1.60%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.12
Median year structure was built1952
Median Value of occupied units$43,400
Median Price asked for vacant units$37,500

Rented Homes, Apartments and Condos

Average Household Size1.92
Median year structure was built1952
Median Monthly Rent asked for vacant units$413

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2.70%
Home Equity Loan2.40%
Simple Mortgage34.50%
Debt Free60.30%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs12.1%