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New Brighton, MN Real Estate


According to census data in the year 2000 there were 9,155 housing units in New Brighton. This represents a 3.9% growth from 8,811 in 1990.

Of those housing units, 9,155 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in New Brighton is about 67.1%. New Brighton's vacancy rate, including seasonal lodging, is about 1.1%. Average household size is 2.39 people.

The majority of houses, apartments or condos in New Brighton were built after 1970.

Statistics

Housing Size

Housing Units by Size
Studio Type2.80%
One Bedroom13.50%
Two Bedrooms29%
Three Bedrooms31.80%
Four Bedrooms19%
Five Bedrooms or more3.80%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.65
Median year structure was built1968
Median Value of occupied units$144,200
Median Price asked for vacant units$173,200

Rented Homes, Apartments and Condos

Average Household Size1.86
Median year structure was built1972
Median Monthly Rent asked for vacant units$670

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan1.80%
Second Mortgage9.10%
Home Equity Loan11.80%
Simple Mortgage50.60%
Debt Free26.70%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs16.6%