Hill City, MN Real Estate
According to census data in the year 2000 there were 390 housing units in Hill City.
This represents a 2.3% decline from 399 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 390 were located in what is classified as a rural area.
Homeownership rate in Hill City is about 72.7%.
Hill City's vacancy rate, including seasonal lodging, is about 46.4%.
Average household size is 2.18 people.
The majority of houses, apartments or condos in Hill City were built after 1972.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 6.70% |
| One Bedroom | 15.60% |
| Two Bedrooms | 43.30% |
| Three Bedrooms | 27.90% |
| Four Bedrooms | 3.80% |
| Five Bedrooms or more | 2.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.28 |
| Median year structure was built | 1971 |
| Median Value of occupied units | $39,200 |
| Median Price asked for vacant units | $31,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.91 |
| Median year structure was built | 1974 |
| Median Monthly Rent asked for vacant units | $456 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0% |
| Home Equity Loan | 9.20% |
| Simple Mortgage | 42.50% |
| Debt Free | 48.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.3% |
