Gem Lake, MN Real Estate
According to census data in the year 2000 there were 143 housing units in Gem Lake.
This represents a 0% decline from 143 in 1990.
Of those housing units, 143 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Gem Lake is about 92%.
Gem Lake's vacancy rate, including seasonal lodging, is about 3.5%.
Average household size is 3.04 people.
The majority of houses, apartments or condos in Gem Lake were built after 1970.
|Housing Units by Size|
|Five Bedrooms or more||9.80%|
Owned Homes, Apartments and Condos
|Average Household Size||3.06|
|Median year structure was built||1970|
|Median Value of occupied units||$159,600|
|Median Price asked for vacant units||$162,500|
Rented Homes, Apartments and Condos
|Average Household Size||2.82|
|Median year structure was built||1973|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||5.30%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||20.1%|