Hibbing, MN Real Estate
According to census data in the year 2000 there were 8,037 housing units in Hibbing.
This represents a 1.6% decline from 8,166 in 1990.
Of those housing units, 6,140 were located in either urbanized areas or urban clusters, and 1,897 were located in what is classified as a rural area.
Homeownership rate in Hibbing is about 74.8%.
Hibbing's vacancy rate, including seasonal lodging, is about 7.4%.
Average household size is 2.24 people.
The majority of houses, apartments or condos in Hibbing were built after 1952.
|Housing Units by Size|
|Five Bedrooms or more||2.90%|
Owned Homes, Apartments and Condos
|Average Household Size||2.46|
|Median year structure was built||1951|
|Median Value of occupied units||$61,600|
|Median Price asked for vacant units||$43,100|
Rented Homes, Apartments and Condos
|Average Household Size||1.6|
|Median year structure was built||1960|
|Median Monthly Rent asked for vacant units||$322|
Owners Finance Status
|Second Mortgage & Equity Loan||0.30%|
|Home Equity Loan||7.20%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||13.4%|