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Federal Dam, MN Real Estate


According to census data in the year 2000 there were 93 housing units in Federal Dam. This represents a 3.1% decline from 96 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 93 were located in what is classified as a rural area.

Homeownership rate in Federal Dam is about 96%. Federal Dam's vacancy rate, including seasonal lodging, is about 46.2%. Average household size is 2.14 people.

The majority of houses, apartments or condos in Federal Dam were built after 1954.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom16.10%
Two Bedrooms54.80%
Three Bedrooms10.80%
Four Bedrooms7.50%
Five Bedrooms or more10.80%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.19
Median year structure was built1953
Median Value of occupied units$38,300
Median Price asked for vacant units$1,000,001

Rented Homes, Apartments and Condos

Average Household Size1
Median year structure was built1965

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0%
Home Equity Loan36.70%
Simple Mortgage16.70%
Debt Free46.70%
As % of Housing Units
     
Median part of Monthly Household Income dedicated to covering home ownership costs23.3%