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Fifty Lakes, MN Real Estate


According to census data in the year 2000 there were 537 housing units in Fifty Lakes. This represents a 3.9% growth from 517 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 537 were located in what is classified as a rural area.

Homeownership rate in Fifty Lakes is about 92.2%. Fifty Lakes's vacancy rate, including seasonal lodging, is about 66.5%. Average household size is 2 people.

The majority of houses, apartments or condos in Fifty Lakes were built after 1977.

Statistics

Housing Size

Housing Units by Size
Studio Type0.60%
One Bedroom8%
Two Bedrooms36.90%
Three Bedrooms38.20%
Four Bedrooms12.10%
Five Bedrooms or more4.30%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size1.99
Median year structure was built1977
Median Value of occupied units$140,800

Rented Homes, Apartments and Condos

Average Household Size2.07
Median year structure was built1977

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage3.40%
Home Equity Loan5.90%
Simple Mortgage20.20%
Debt Free70.60%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs9.9%