Hugo, MN Real Estate
According to census data in the year 2000 there were 2,193 housing units in Hugo.
This represents a 52.3% growth from 1,440 in 1990.
Of those housing units, 1,022 were located in either urbanized areas or urban clusters, and 1,171 were located in what is classified as a rural area.
Homeownership rate in Hugo is about 95.4%.
Hugo's vacancy rate, including seasonal lodging, is about 2.2%.
Average household size is 3.01 people.
The majority of houses, apartments or condos in Hugo were built after 1983.
|Housing Units by Size|
|Five Bedrooms or more||4.10%|
Owned Homes, Apartments and Condos
|Average Household Size||3.04|
|Median year structure was built||1984|
|Median Value of occupied units||$148,800|
|Median Price asked for vacant units||$193,800|
Rented Homes, Apartments and Condos
|Average Household Size||2.32|
|Median year structure was built||1965|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||18.90%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||20.3%|