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 Size

Housing Units by Size
Studio Type1.30%
One Bedroom14.70%
Two Bedrooms33.80%
Three Bedrooms35.60%
Four Bedrooms11.60%
Five Bedrooms or more2.90%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.46
Median year structure was built1951
Median Value of occupied units$61,600
Median Price asked for vacant units$43,100

Rented Homes, Apartments and Condos

Average Household Size1.6
Median year structure was built1960
Median Monthly Rent asked for vacant units$322

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.30%
Second Mortgage4.30%
Home Equity Loan7.20%
Simple Mortgage41.40%
Debt Free46.80%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs13.4%