Mountain Iron, MN Real Estate
According to census data in the year 2000 there were 1,412 housing units in Mountain Iron.
This represents a 0.7% decline from 1,422 in 1990.
Of those housing units, 971 were located in either urbanized areas or urban clusters, and 441 were located in what is classified as a rural area.
Homeownership rate in Mountain Iron is about 69.8%.
Mountain Iron's vacancy rate, including seasonal lodging, is about 5.9%.
Average household size is 2.27 people.
The majority of houses, apartments or condos in Mountain Iron were built after 1972.
|Housing Units by Size|
|Five Bedrooms or more||3.30%|
Owned Homes, Apartments and Condos
|Average Household Size||2.47|
|Median year structure was built||1970|
|Median Value of occupied units||$75,400|
|Median Price asked for vacant units||$45,800|
Rented Homes, Apartments and Condos
|Average Household Size||1.83|
|Median year structure was built||1975|
|Median Monthly Rent asked for vacant units||$440|
Owners Finance Status
|Second Mortgage & Equity Loan||0.90%|
|Home Equity Loan||4.90%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||12.8%|