Grand Marais, MN Real Estate
According to census data in the year 2000 there were 726 housing units in Grand Marais.
This represents a 6.8% growth from 680 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 726 were located in what is classified as a rural area.
Homeownership rate in Grand Marais is about 66.4%.
Grand Marais's vacancy rate, including seasonal lodging, is about 9.9%.
Average household size is 2 people.
The majority of houses, apartments or condos in Grand Marais were built after 1962.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.70% |
| One Bedroom | 19.10% |
| Two Bedrooms | 37.10% |
| Three Bedrooms | 29.20% |
| Four Bedrooms | 11.30% |
| Five Bedrooms or more | 1.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.25 |
| Median year structure was built | 1957 |
| Median Value of occupied units | $99,800 |
| Median Price asked for vacant units | $70,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.51 |
| Median year structure was built | 1973 |
| Median Monthly Rent asked for vacant units | $275 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2.80% |
| Home Equity Loan | 5.20% |
| Simple Mortgage | 55.20% |
| Debt Free | 36.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.2% |
