Princeton, MN Real Estate
According to census data in the year 2000 there were 1,666 housing units in Princeton.
This represents a 10.3% growth from 1,510 in 1990.
Of those housing units, 1,559 were located in either urbanized areas or urban clusters, and 107 were located in what is classified as a rural area.
Homeownership rate in Princeton is about 64.9%.
Princeton's vacancy rate, including seasonal lodging, is about 3.1%.
Average household size is 2.33 people.
The majority of houses, apartments or condos in Princeton were built after 1972.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.20% |
| One Bedroom | 20.20% |
| Two Bedrooms | 34.60% |
| Three Bedrooms | 30.80% |
| Four Bedrooms | 11.60% |
| Five Bedrooms or more | 1.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.69 |
| Median year structure was built | 1967 |
| Median Value of occupied units | $88,400 |
| Median Price asked for vacant units | $80,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.67 |
| Median year structure was built | 1976 |
| Median Monthly Rent asked for vacant units | $325 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.50% |
| Second Mortgage | 11.20% |
| Home Equity Loan | 11.20% |
| Simple Mortgage | 50.90% |
| Debt Free | 26.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.8% |
