Russell, MN Real Estate
According to census data in the year 2000 there were 167 housing units in Russell.
This represents a 2.9% decline from 172 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 167 were located in what is classified as a rural area.
Homeownership rate in Russell is about 86.3%.
Russell's vacancy rate, including seasonal lodging, is about 8.4%.
Average household size is 2.48 people.
The majority of houses, apartments or condos in Russell were built after 1947.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 12.60% |
| Two Bedrooms | 31.10% |
| Three Bedrooms | 37.70% |
| Four Bedrooms | 14.40% |
| Five Bedrooms or more | 4.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.69 |
| Median year structure was built | 1946 |
| Median Value of occupied units | $55,600 |
| Median Price asked for vacant units | $50,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.14 |
| Median year structure was built | 1963 |
| Median Monthly Rent asked for vacant units | $275 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 3.40% |
| Home Equity Loan | 0% |
| Simple Mortgage | 52.60% |
| Debt Free | 44% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.1% |
