Oak Grove, MN Real Estate
According to census data in the year 2000 there were 2,245 housing units in Oak Grove.
Of those housing units, 57 were located in either urbanized areas or urban clusters, and 2,188 were located in what is classified as a rural area.
Homeownership rate in Oak Grove is about 97.6%.
Oak Grove's vacancy rate, including seasonal lodging, is about 1%.
Average household size is 3.13 people.
The majority of houses, apartments or condos in Oak Grove were built after 1982.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 3.40% |
| Two Bedrooms | 12.80% |
| Three Bedrooms | 43.90% |
| Four Bedrooms | 34% |
| Five Bedrooms or more | 5.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.14 |
| Median year structure was built | 1982 |
| Median Value of occupied units | $151,100 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.87 |
| Median year structure was built | 1973 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 1.10% |
| Second Mortgage | 16.60% |
| Home Equity Loan | 16.20% |
| Simple Mortgage | 56.80% |
| Debt Free | 9.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 20.5% |
