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Mayer, MN Real Estate


According to census data in the year 2000 there were 206 housing units in Mayer. This represents a 21.9% growth from 169 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 206 were located in what is classified as a rural area.

Homeownership rate in Mayer is about 86.1%. Mayer's vacancy rate, including seasonal lodging, is about 5.8%. Average household size is 2.84 people.

The majority of houses, apartments or condos in Mayer were built after 1971.

Statistics

Housing Size

Housing Units by Size
Studio Type1%
One Bedroom9.70%
Two Bedrooms23.30%
Three Bedrooms35.90%
Four Bedrooms24.80%
Five Bedrooms or more5.30%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size3.02
Median year structure was built1970
Median Value of occupied units$116,500
Median Price asked for vacant units$75,000

Rented Homes, Apartments and Condos

Average Household Size1.7
Median year structure was built1972
Median Monthly Rent asked for vacant units$675

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage10.90%
Home Equity Loan10.90%
Simple Mortgage50%
Debt Free28.20%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs18.2%