Medicine Lake, MN Real Estate
According to census data in the year 2000 there were 166 housing units in Medicine Lake.
This represents a 5.1% decline from 175 in 1990.
Of those housing units, 166 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Medicine Lake is about 77.1%.
Medicine Lake's vacancy rate, including seasonal lodging, is about 5.4%.
Average household size is 2.29 people.
The majority of houses, apartments or condos in Medicine Lake were built after 1957.
|Housing Units by Size|
|Five Bedrooms or more||6.60%|
Owned Homes, Apartments and Condos
|Average Household Size||2.58|
|Median year structure was built||1957|
|Median Value of occupied units||$300,000|
Rented Homes, Apartments and Condos
|Average Household Size||1.31|
|Median year structure was built||1960|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||12.70%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||20.7%|