Lakeland, MN Real Estate
According to census data in the year 2000 there were 711 housing units in Lakeland.
This represents a 8.7% growth from 654 in 1990.
Of those housing units, 711 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Lakeland is about 95.1%.
Lakeland's vacancy rate, including seasonal lodging, is about 2.1%.
Average household size is 2.79 people.
The majority of houses, apartments or condos in Lakeland were built after 1974.
|Housing Units by Size|
|Five Bedrooms or more||3.40%|
Owned Homes, Apartments and Condos
|Average Household Size||2.81|
|Median year structure was built||1974|
|Median Value of occupied units||$151,100|
Rented Homes, Apartments and Condos
|Average Household Size||2.38|
|Median year structure was built||1949|
|Median Monthly Rent asked for vacant units||$675|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||21.60%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||17%|