Red Lake, MN Real Estate
According to census data in the year 2000 there were 428 housing units in Red Lake.
This represents a 32.9% growth from 322 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 428 were located in what is classified as a rural area.
Homeownership rate in Red Lake is about 61%.
Red Lake's vacancy rate, including seasonal lodging, is about 4.7%.
Average household size is 3.4 people.
The majority of houses, apartments or condos in Red Lake were built after 1983.
|Housing Units by Size|
|Five Bedrooms or more||2.10%|
Owned Homes, Apartments and Condos
|Average Household Size||3.06|
|Median year structure was built||1980|
|Median Value of occupied units||$49,300|
Rented Homes, Apartments and Condos
|Average Household Size||3.92|
|Median year structure was built||1986|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||0%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||15.6%|