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Elbow Lake, MN Housing

 
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As of 2010-2014, median price of a house in Elbow Lake is $72,000, which is much lower than the state average of $185,200 and is much lower than the national average of $175,700. The Elbow Lake median house value has grown by 38.20% since 2000. The growth rate for the price of a house in Elbow Lake is lower than the state average rate of 51.31% and is lower than the national average rate of 46.91%. The median year that a house in Elbow Lake was built is 1957, which is older than the median year for a house built in the state which is 1975 and is older than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 394 Owner Occupied Houses in Elbow Lake, MN, #677
Elbow Lake, MN
72,000 USD
Minnesota
185,200 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #682
Elbow Lake, MN
38.20%
Minnesota
51.31%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Elbow Lake, MNMinnesotaU.S.
Total Housing Units670, see rank, 100%2,364,149132,741,033
Occupied Housing Units570, 85.07%, see rank89.48%87.55%
Owner Occupied394, 58.81%, see rank64.51%56.34%
Renter Occupied176, 26.27%, see rank24.96%31.21%
Vacant Housing Units100, 14.93%, see rank10.52%12.45%
For Rent16, 2.39%, see rank1.22%2.34%
For Sale Only27, 4.03%, see rank0.96%1.20%
Rented or Sold, Not Occupied8, 1.19%, see rank0.68%0.92%
For Seasonal, Recreational, or Occasional Use21, 3.13%, see rank5.29%3.97%
For Migrant Workers0, 0.00%, see rank0.01%0.03%
Other Vacant28, 4.18%, see rank2.36%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #597
Elbow Lake, MNMinnesotaU.S.
195719751976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Elbow Lake, MN%MinnesotaU.S.
Owner-Occupied Units394100%1,525,20174,787,460
With a Mortgage23559.64%, see rank68.78%65.58%
Without a Mortgage15940.36%, see rank31.22%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Elbow Lake, MN
958 USD
Minnesota
1,526 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsElbow Lake, MN%MinnesotaU.S.
$299 or Less00.00%, see rank0.18%0.20%
$300 to $49931.28%, see rank1.30%1.59%
$500 to $6995623.83%, see rank4.08%5.01%
$700 to $9997230.64%, see rank12.50%14.32%
$1,000 to $1,4998234.89%, see rank30.43%27.90%
$1,500 to $1,999177.23%, see rank25.36%20.35%
$2,000 to $2,99952.13%, see rank19.32%19.52%
$3,000 or More00.00%, see rank6.84%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Elbow Lake, MN
18.30% of the Total Income
Minnesota
22.50% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Elbow Lake, MN%MinnesotaU.S.
10% or Less2811.91%, see rank6.13%5.86%
10% to 20%11448.51%, see rank35.03%31.95%
20% to 30%4117.45%, see rank30.01%27.64%
30% to 40%3414.47%, see rank12.88%13.74%
40% or More187.66%, see rank15.67%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Elbow Lake, MN
417 USD
Minnesota
475 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsElbow Lake, MN%MinnesotaU.S.
$199 or Less63.77%, see rank4.45%7.76%
$200 to $2991610.06%, see rank10.96%14.70%
$300 to $4999559.75%, see rank39.99%34.63%
$500 to $6992817.61%, see rank27.38%21.16%
$700 or More148.81%, see rank17.23%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Elbow Lake, MN
15.40% of the Total Income
Minnesota
11.50% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Elbow Lake, MN%MinnesotaU.S.
10% or Less5735.85%, see rank43.57%40.19%
10% to 20%6440.25%, see rank31.28%31.47%
20% to 30%127.55%, see rank11.58%12.24%
30% to 40%95.66%, see rank5.05%5.64%
40% or More1710.69%, see rank7.69%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Elbow Lake, MNMinnesotaU.S.
Total Housing Units670, 100%2,364,149132,741,033
1-unit, Detached524, 78.21%, see rank67.25%61.65%
1-unit, Attached6, 0.90%, see rank7.45%5.82%
2 Units17, 2.54%, see rank2.34%3.75%
3 or 4 Units21, 3.13%, see rank2.08%4.43%
5 to 9 Units23, 3.43%, see rank2.23%4.78%
10 or More Units73, 10.90%, see rank15.14%13.08%
Mobile Home, Boat, RV, Van, etc.6, 0.90%, see rank3.52%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Elbow Lake, MNMinnesotaU.S.
Total Housing Units670, 100%2,364,149132,741,033
1 Room0, 0.00%, see rank1.54%1.95%
2 Rooms15, 2.24%, see rank2.83%2.48%
3 Rooms55, 8.21%, see rank9.20%9.13%
4 Rooms116, 17.31%, see rank14.05%16.60%
5 Rooms129, 19.25%, see rank15.52%20.41%
6 Rooms109, 16.27%, see rank14.98%18.06%
7 Rooms119, 17.76%, see rank12.86%12.27%
8 Rooms53, 7.91%, see rank11.01%8.48%
9 Rooms or More74, 11.04%, see rank18.01%10.60%
Median Rooms5.70, see rank6.005.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Elbow Lake, MNMinnesotaU.S.
Total Housing Units670, 100%2,364,149132,741,033
No Bedroom0, 0.00%, see rank1.76%2.17%
1 Bedroom68, 10.15%, see rank11.71%11.16%
2 Bedrooms241, 35.97%, see rank26.64%26.69%
3 Bedrooms218, 32.54%, see rank34.15%39.70%
4 Bedrooms110, 16.42%, see rank19.81%16.05%
5 or More Bedrooms33, 4.93%, see rank5.94%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Elbow Lake, MNMinnesotaU.S.
Total Housing Units570, 100%2,115,337116,211,092
Utility Gas13, 2.28%, see rank66.78%48.85%
Bottled, Tank, or LP Gas201, 35.26%, see rank10.05%4.86%
Electricity187, 32.81%, see rank16.13%36.68%
Fuel Oil, Kerosene, etc.155, 27.19%, see rank2.62%5.86%
Coal or Coke0, 0.00%, see rank0.03%0.12%
Wood8, 1.40%, see rank2.55%2.12%
Solar Energy0, 0.00%, see rank0.02%0.05%
Other Fuel0, 0.00%, see rank1.17%0.47%
No Fuel Used6, 1.05%, see rank0.65%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalElbow Lake, MNMinnesotaU.S.
Occupied Units Paying Rent173, 100%562,19839,201,928
$199 or Less4, 2.31%, see rank2.46%1.50%
$200 to $2999, 5.20%, see rank4.66%3.18%
$300 to $49961, 35.26%, see rank9.32%7.37%
$500 to $69956, 32.37%, see rank17.06%16.01%
$700 to $99933, 19.08%, see rank33.30%29.17%
$1,000 to $1,4997, 4.05%, see rank23.49%26.88%
$1,500 to $1,9990, 0.00%, see rank7.02%9.79%
$2,000 or More3, 1.73%, see rank2.69%6.10%
Median$533, see rank$835$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Elbow Lake, MNMinnesotaU.S.
Occupied Housing Units570, 100%2,115,337116,211,092
No Vehicles Available25, 4.39%, see rank7.25%9.12%
1 Vehicles Available226, 39.65%, see rank30.11%33.80%
2 Vehicles Available223, 39.12%, see rank40.67%37.48%
3 or More Vehicles Available96, 16.84%, see rank21.97%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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