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Royalton, MN Real Estate


According to census data in the year 2000 there were 329 housing units in Royalton. This represents a 4.8% growth from 314 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 329 were located in what is classified as a rural area.

Homeownership rate in Royalton is about 73.1%. Royalton's vacancy rate, including seasonal lodging, is about 1.5%. Average household size is 2.57 people.

The majority of houses, apartments or condos in Royalton were built after 1966.

Statistics

Housing Size

Housing Units by Size
Studio Type0.60%
One Bedroom11.60%
Two Bedrooms28.90%
Three Bedrooms42.60%
Four Bedrooms14%
Five Bedrooms or more2.40%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.77
Median year structure was built1959
Median Value of occupied units$83,400

Rented Homes, Apartments and Condos

Average Household Size2.02
Median year structure was built1972
Median Monthly Rent asked for vacant units$99

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage13.30%
Home Equity Loan4.80%
Simple Mortgage56.20%
Debt Free25.70%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs18.2%