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Proctor, MN Real Estate


According to census data in the year 2000 there were 1,236 housing units in Proctor. This represents a 0.7% decline from 1,245 in 1990.

Of those housing units, 1,227 were located in either urbanized areas or urban clusters, and 9 were located in what is classified as a rural area.

Homeownership rate in Proctor is about 79.8%. Proctor's vacancy rate, including seasonal lodging, is about 4%. Average household size is 2.38 people.

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

Statistics

Housing Size

Housing Units by Size
Studio Type2.30%
One Bedroom20.20%
Two Bedrooms26.60%
Three Bedrooms37.10%
Four Bedrooms12.50%
Five Bedrooms or more1.40%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.51
Median year structure was built1951
Median Value of occupied units$72,800

Rented Homes, Apartments and Condos

Average Household Size1.9
Median year structure was built1972
Median Monthly Rent asked for vacant units$509

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan2.10%
Second Mortgage4.80%
Home Equity Loan8.90%
Simple Mortgage44.40%
Debt Free39.80%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs16.6%