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Hinckley, MN Real Estate


According to census data in the year 2000 there were 595 housing units in Hinckley. This represents a 30.5% growth from 456 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 595 were located in what is classified as a rural area.

Homeownership rate in Hinckley is about 59.2%. Hinckley's vacancy rate, including seasonal lodging, is about 7.2%. Average household size is 2.35 people.

The majority of houses, apartments or condos in Hinckley were built after 1965.

Statistics

Housing Size

Housing Units by Size
Studio Type2.50%
One Bedroom19.20%
Two Bedrooms31.80%
Three Bedrooms36.30%
Four Bedrooms9.10%
Five Bedrooms or more1.20%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.55
Median year structure was built1955
Median Value of occupied units$79,500
Median Price asked for vacant units$55,000

Rented Homes, Apartments and Condos

Average Household Size2.07
Median year structure was built1981
Median Monthly Rent asked for vacant units$515

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage8.40%
Home Equity Loan10.40%
Simple Mortgage48.20%
Debt Free33.10%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs18.1%