North Branch, MN Real Estate
According to census data in the year 2000 there were 2,900 housing units in North Branch.
This represents a 267.1% growth from 790 in 1990.
Of those housing units, 1,624 were located in either urbanized areas or urban clusters, and 1,276 were located in what is classified as a rural area.
Homeownership rate in North Branch is about 87%.
North Branch's vacancy rate, including seasonal lodging, is about 2.9%.
Average household size is 2.85 people.
The majority of houses, apartments or condos in North Branch were built after 1989.
|Housing Units by Size|
|Five Bedrooms or more||2.80%|
Owned Homes, Apartments and Condos
|Average Household Size||3.04|
|Median year structure was built||1990|
|Median Value of occupied units||$124,500|
|Median Price asked for vacant units||$131,700|
Rented Homes, Apartments and Condos
|Average Household Size||1.57|
|Median year structure was built||1983|
Owners Finance Status
|Second Mortgage & Equity Loan||0.20%|
|Home Equity Loan||11.40%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||21.8%|