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Wood Lake, MN Real Estate


According to census data in the year 2000 there were 181 housing units in Wood Lake. This represents a 0.6% growth from 180 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 181 were located in what is classified as a rural area.

Homeownership rate in Wood Lake is about 86.4%. Wood Lake's vacancy rate, including seasonal lodging, is about 2.8%. Average household size is 2.32 people.

The majority of houses, apartments or condos in Wood Lake were built after 1944.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom5.50%
Two Bedrooms36.50%
Three Bedrooms33.70%
Four Bedrooms22.70%
Five Bedrooms or more1.70%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.43
Median year structure was built1942
Median Value of occupied units$36,900
Median Price asked for vacant units$12,500

Rented Homes, Apartments and Condos

Average Household Size1.67
Median year structure was built1950

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage7.20%
Home Equity Loan0%
Simple Mortgage27.30%
Debt Free65.50%
As % of Housing Units
     
Median part of Monthly Household Income dedicated to covering home ownership costs11.8%