Waite Park, MN Real Estate
According to census data in the year 2000 there were 3,082 housing units in Waite Park.
This represents a 40% growth from 2,201 in 1990.
Of those housing units, 2,786 were located in either urbanized areas or urban clusters, and 296 were located in what is classified as a rural area.
Homeownership rate in Waite Park is about 39.7%.
Waite Park's vacancy rate, including seasonal lodging, is about 3.1%.
Average household size is 2.18 people.
The majority of houses, apartments or condos in Waite Park were built after 1982.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.70% |
| One Bedroom | 21.40% |
| Two Bedrooms | 44.50% |
| Three Bedrooms | 23% |
| Four Bedrooms | 8.30% |
| Five Bedrooms or more | 1% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.56 |
| Median year structure was built | 1969 |
| Median Value of occupied units | $93,900 |
| Median Price asked for vacant units | $103,100 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.93 |
| Median year structure was built | 1985 |
| Median Monthly Rent asked for vacant units | $494 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.20% |
| Second Mortgage | 9.30% |
| Home Equity Loan | 7.90% |
| Simple Mortgage | 47.60% |
| Debt Free | 35% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.3% |
