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 Size

Housing Units by Size
Studio Type0%
One Bedroom7.40%
Two Bedrooms29.20%
Three Bedrooms45.10%
Four Bedrooms15.50%
Five Bedrooms or more2.80%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size3.04
Median year structure was built1990
Median Value of occupied units$124,500
Median Price asked for vacant units$131,700

Rented Homes, Apartments and Condos

Average Household Size1.57
Median year structure was built1983

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.20%
Second Mortgage11.50%
Home Equity Loan11.40%
Simple Mortgage62.70%
Debt Free14.30%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs21.8%