Cottage Grove, MN Real Estate
According to census data in the year 2000 there were 10,020 housing units in Cottage Grove.
This represents a 41% growth from 7,105 in 1990.
Of those housing units, 9,176 were located in either urbanized areas or urban clusters, and 844 were located in what is classified as a rural area.
Homeownership rate in Cottage Grove is about 91.7%.
Cottage Grove's vacancy rate, including seasonal lodging, is about 0.9%.
Average household size is 3.07 people.
The majority of houses, apartments or condos in Cottage Grove were built after 1979.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.10% |
| One Bedroom | 2.10% |
| Two Bedrooms | 16% |
| Three Bedrooms | 44.30% |
| Four Bedrooms | 31% |
| Five Bedrooms or more | 6.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.11 |
| Median year structure was built | 1978 |
| Median Value of occupied units | $137,300 |
| Median Price asked for vacant units | $99,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.7 |
| Median year structure was built | 1985 |
| Median Monthly Rent asked for vacant units | $950 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.90% |
| Second Mortgage | 12.40% |
| Home Equity Loan | 17.30% |
| Simple Mortgage | 58.10% |
| Debt Free | 11.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.7% |
