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Echo, MN Real Estate


According to census data in the year 2000 there were 131 housing units in Echo. This represents a 9.7% decline from 145 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 131 were located in what is classified as a rural area.

Homeownership rate in Echo is about 76.9%. Echo's vacancy rate, including seasonal lodging, is about 10.7%. Average household size is 2.18 people.

The majority of houses, apartments or condos in Echo were built after 1943.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom6.10%
Two Bedrooms38.90%
Three Bedrooms35.10%
Four Bedrooms15.30%
Five Bedrooms or more4.60%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.24
Median year structure was built1939
Median Value of occupied units$24,400
Median Price asked for vacant units$12,500

Rented Homes, Apartments and Condos

Average Household Size1.96
Median year structure was built1972
Median Monthly Rent asked for vacant units$367

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2.60%
Home Equity Loan0%
Simple Mortgage28.60%
Debt Free68.80%
As % of Housing Units
     
Median part of Monthly Household Income dedicated to covering home ownership costs14.8%