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Oronoco, MN Real Estate


According to census data in the year 2000 there were 319 housing units in Oronoco. This represents a 17.7% growth from 271 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 319 were located in what is classified as a rural area.

Homeownership rate in Oronoco is about 92.7%. Oronoco's vacancy rate, including seasonal lodging, is about 1.9%. Average household size is 2.74 people.

The majority of houses, apartments or condos in Oronoco were built after 1974.

Statistics

Housing Size

Housing Units by Size
Studio Type2.50%
One Bedroom2.20%
Two Bedrooms21.30%
Three Bedrooms32.90%
Four Bedrooms32.30%
Five Bedrooms or more8.80%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.78
Median year structure was built1976
Median Value of occupied units$138,600
Median Price asked for vacant units$225,000

Rented Homes, Apartments and Condos

Average Household Size2.26
Median year structure was built1949

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan1.60%
Second Mortgage8%
Home Equity Loan12.90%
Simple Mortgage52.20%
Debt Free25.30%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs16.2%