Cottonwood, MN Real Estate
According to census data in the year 2000 there were 482 housing units in Cottonwood.
This represents a 15.9% growth from 416 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 482 were located in what is classified as a rural area.
Homeownership rate in Cottonwood is about 75%.
Cottonwood's vacancy rate, including seasonal lodging, is about 6.2%.
Average household size is 2.5 people.
The majority of houses, apartments or condos in Cottonwood were built after 1964.
|Housing Units by Size|
|Five Bedrooms or more||1%|
Owned Homes, Apartments and Condos
|Average Household Size||2.72|
|Median year structure was built||1958|
|Median Value of occupied units||$79,600|
|Median Price asked for vacant units||$67,500|
Rented Homes, Apartments and Condos
|Average Household Size||1.81|
|Median year structure was built||1973|
|Median Monthly Rent asked for vacant units||$229|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||4.80%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||14.2%|