Lauderdale, MN Real Estate
According to census data in the year 2000 there were 1,169 housing units in Lauderdale.
This represents a 4.3% decline from 1,222 in 1990.
Of those housing units, 1,169 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Lauderdale is about 50.5%.
Lauderdale's vacancy rate, including seasonal lodging, is about 1.6%.
Average household size is 2.06 people.
The majority of houses, apartments or condos in Lauderdale were built after 1963.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 3.80% |
| One Bedroom | 28.20% |
| Two Bedrooms | 37.60% |
| Three Bedrooms | 20.40% |
| Four Bedrooms | 9% |
| Five Bedrooms or more | 0.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.24 |
| Median year structure was built | 1951 |
| Median Value of occupied units | $113,300 |
| Median Price asked for vacant units | $187,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.87 |
| Median year structure was built | 1968 |
| Median Monthly Rent asked for vacant units | $425 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 1% |
| Second Mortgage | 8.90% |
| Home Equity Loan | 13.90% |
| Simple Mortgage | 48.70% |
| Debt Free | 27.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.5% |
