Northrop, MN Real Estate
According to census data in the year 2000 there were 109 housing units in Northrop.
This represents a 0% decline from 109 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 109 were located in what is classified as a rural area.
Homeownership rate in Northrop is about 88.2%.
Northrop's vacancy rate, including seasonal lodging, is about 6.4%.
Average household size is 2.34 people.
The majority of houses, apartments or condos in Northrop were built after 1956.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 5.50% |
| Two Bedrooms | 28.40% |
| Three Bedrooms | 49.50% |
| Four Bedrooms | 12.80% |
| Five Bedrooms or more | 3.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.47 |
| Median year structure was built | 1957 |
| Median Value of occupied units | $50,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.42 |
| Median year structure was built | 1950 |
| Median Monthly Rent asked for vacant units | $325 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 2.40% |
| Second Mortgage | 0% |
| Home Equity Loan | 6% |
| Simple Mortgage | 52.40% |
| Debt Free | 39.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 13.9% |
