Grand Meadow, MN Real Estate
According to census data in the year 2000 there were 414 housing units in Grand Meadow.
This represents a 8.4% growth from 382 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 414 were located in what is classified as a rural area.
Homeownership rate in Grand Meadow is about 80.3%.
Grand Meadow's vacancy rate, including seasonal lodging, is about 3.1%.
Average household size is 2.28 people.
The majority of houses, apartments or condos in Grand Meadow were built after 1952.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 11.10% |
| Two Bedrooms | 27.30% |
| Three Bedrooms | 41.80% |
| Four Bedrooms | 17.60% |
| Five Bedrooms or more | 2.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.51 |
| Median year structure was built | 1948 |
| Median Value of occupied units | $72,900 |
| Median Price asked for vacant units | $25,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.35 |
| Median year structure was built | 1974 |
| Median Monthly Rent asked for vacant units | $388 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 11.20% |
| Home Equity Loan | 5.60% |
| Simple Mortgage | 46.50% |
| Debt Free | 36.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.6% |
