Blue Earth, MN Real Estate
According to census data in the year 2000 there were 1,669 housing units in Blue Earth.
This represents a 1.5% growth from 1,644 in 1990.
Of those housing units, 1,600 were located in either urbanized areas or urban clusters, and 69 were located in what is classified as a rural area.
Homeownership rate in Blue Earth is about 74.1%.
Blue Earth's vacancy rate, including seasonal lodging, is about 7.8%.
Average household size is 2.23 people.
The majority of houses, apartments or condos in Blue Earth were built after 1950.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.50% |
| One Bedroom | 15.50% |
| Two Bedrooms | 25.50% |
| Three Bedrooms | 39.60% |
| Four Bedrooms | 14.60% |
| Five Bedrooms or more | 3.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.39 |
| Median year structure was built | 1946 |
| Median Value of occupied units | $62,500 |
| Median Price asked for vacant units | $68,900 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.75 |
| Median year structure was built | 1962 |
| Median Monthly Rent asked for vacant units | $415 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.60% |
| Home Equity Loan | 7.30% |
| Simple Mortgage | 45.70% |
| Debt Free | 42.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 13.8% |
