Iron Junction, MN Real Estate

According to census data in the year 2000 there were 47 housing units in Iron Junction. This represents a 9.6% decline from 52 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 47 were located in what is classified as a rural area.

Homeownership rate in Iron Junction is about 95.7%. Average household size is 1.96 people.

The majority of houses, apartments or condos in Iron Junction were built after 1953.


Housing Size

Housing Units by Size
Studio Type0%
One Bedroom14.90%
Two Bedrooms48.90%
Three Bedrooms29.80%
Four Bedrooms6.40%
Five Bedrooms or more0%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2
Median year structure was built1953
Median Value of occupied units$37,200

Rented Homes, Apartments and Condos

Average Household Size1
Median year structure was built1955

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage5.60%
Home Equity Loan5.60%
Simple Mortgage36.10%
Debt Free52.80%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs13.8%