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Emerado, ND Real Estate


According to census data in the year 2000 there were 324 housing units in Emerado. This represents a 17% growth from 277 in 1990.

Of those housing units, 316 were located in either urbanized areas or urban clusters, and 8 were located in what is classified as a rural area.

Homeownership rate in Emerado is about 42.2%. Emerado's vacancy rate, including seasonal lodging, is about 28.4%. Average household size is 2.22 people.

The majority of houses, apartments or condos in Emerado were built after 1972.

Statistics

Housing Size

Housing Units by Size
Studio Type9.30%
One Bedroom13%
Two Bedrooms38.90%
Three Bedrooms28.40%
Four Bedrooms8%
Five Bedrooms or more2.50%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.49
Median year structure was built1973
Median Value of occupied units$70,000
Median Price asked for vacant units$45,000

Rented Homes, Apartments and Condos

Average Household Size2.03
Median year structure was built1972
Median Monthly Rent asked for vacant units$386

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage6.30%
Home Equity Loan10.40%
Simple Mortgage54.20%
Debt Free29.20%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs17.6%