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Gem Lake, MN Housing

 
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As of 2010-2014, median price of a house in Gem Lake is $285,500, which is higher than the state average of $185,200 and is much higher than the national average of $175,700. The Gem Lake median house value has grown by 78.88% since 2000. The growth rate for the price of a house in Gem Lake is higher than the state average rate of 51.31% and is higher than the national average rate of 46.91%. The median year that a house in Gem Lake was built is 1972, 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 113 Owner Occupied Houses in Gem Lake, MN, #37
Gem Lake, MN
285,500 USD
Minnesota
185,200 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #207
Gem Lake, MN
78.88%
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

 Gem Lake, MNMinnesotaU.S.
Total Housing Units146, see rank, 100%2,364,149132,741,033
Occupied Housing Units131, 89.73%, see rank89.48%87.55%
Owner Occupied113, 77.40%, see rank64.51%56.34%
Renter Occupied18, 12.33%, see rank24.96%31.21%
Vacant Housing Units15, 10.27%, see rank10.52%12.45%
For Rent8, 5.48%, see rank1.22%2.34%
For Sale Only0, 0.00%, see rank0.96%1.20%
Rented or Sold, Not Occupied0, 0.00%, see rank0.68%0.92%
For Seasonal, Recreational, or Occasional Use5, 3.42%, see rank5.29%3.97%
For Migrant Workers0, 0.00%, see rank0.01%0.03%
Other Vacant2, 1.37%, see rank2.36%4.00%

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

Year Structure Built

Median Built Year, #326
Gem Lake, MNMinnesotaU.S.
197219751976

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

 Gem Lake, MN%MinnesotaU.S.
Owner-Occupied Units113100%1,525,20174,787,460
With a Mortgage7465.49%, see rank68.78%65.58%
Without a Mortgage3934.51%, 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
Gem Lake, MN
1,958 USD
Minnesota
1,526 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsGem Lake, MN%MinnesotaU.S.
$299 or Less00.00%, see rank0.18%0.20%
$300 to $49922.70%, see rank1.30%1.59%
$500 to $69934.05%, see rank4.08%5.01%
$700 to $99968.11%, see rank12.50%14.32%
$1,000 to $1,4991621.62%, see rank30.43%27.90%
$1,500 to $1,9991114.86%, see rank25.36%20.35%
$2,000 to $2,9991824.32%, see rank19.32%19.52%
$3,000 or More1824.32%, see rank6.84%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Gem Lake, MN
19.40% 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
 Gem Lake, MN%MinnesotaU.S.
10% or Less1114.86%, see rank6.13%5.86%
10% to 20%2736.49%, see rank35.03%31.95%
20% to 30%1418.92%, see rank30.01%27.64%
30% to 40%79.46%, see rank12.88%13.74%
40% or More1520.27%, 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
Gem Lake, MN
613 USD
Minnesota
475 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsGem Lake, MN%MinnesotaU.S.
$199 or Less25.13%, see rank4.45%7.76%
$200 to $299410.26%, see rank10.96%14.70%
$300 to $4991128.21%, see rank39.99%34.63%
$500 to $699615.38%, see rank27.38%21.16%
$700 or More1641.03%, see rank17.23%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Gem Lake, MN
14.70% 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
 Gem Lake, MN%MinnesotaU.S.
10% or Less1230.77%, see rank43.57%40.19%
10% to 20%923.08%, see rank31.28%31.47%
20% to 30%1333.33%, see rank11.58%12.24%
30% to 40%00.00%, see rank5.05%5.64%
40% or More512.82%, 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

 Gem Lake, MNMinnesotaU.S.
Total Housing Units146, 100%2,364,149132,741,033
1-unit, Detached138, 94.52%, see rank67.25%61.65%
1-unit, Attached0, 0.00%, see rank7.45%5.82%
2 Units7, 4.79%, see rank2.34%3.75%
3 or 4 Units0, 0.00%, see rank2.08%4.43%
5 to 9 Units0, 0.00%, see rank2.23%4.78%
10 or More Units0, 0.00%, see rank15.14%13.08%
Mobile Home, Boat, RV, Van, etc.1, 0.68%, see rank3.52%6.49%

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

Rooms

 Gem Lake, MNMinnesotaU.S.
Total Housing Units146, 100%2,364,149132,741,033
1 Room0, 0.00%, see rank1.54%1.95%
2 Rooms0, 0.00%, see rank2.83%2.48%
3 Rooms4, 2.74%, see rank9.20%9.13%
4 Rooms5, 3.42%, see rank14.05%16.60%
5 Rooms28, 19.18%, see rank15.52%20.41%
6 Rooms20, 13.70%, see rank14.98%18.06%
7 Rooms13, 8.90%, see rank12.86%12.27%
8 Rooms24, 16.44%, see rank11.01%8.48%
9 Rooms or More52, 35.62%, see rank18.01%10.60%
Median Rooms7.60, see rank6.005.50

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

Bedrooms

 Gem Lake, MNMinnesotaU.S.
Total Housing Units146, 100%2,364,149132,741,033
No Bedroom0, 0.00%, see rank1.76%2.17%
1 Bedroom3, 2.05%, see rank11.71%11.16%
2 Bedrooms21, 14.38%, see rank26.64%26.69%
3 Bedrooms63, 43.15%, see rank34.15%39.70%
4 Bedrooms40, 27.40%, see rank19.81%16.05%
5 or More Bedrooms19, 13.01%, see rank5.94%4.22%

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

House Heating Fuel

 Gem Lake, MNMinnesotaU.S.
Total Housing Units131, 100%2,115,337116,211,092
Utility Gas118, 90.08%, see rank66.78%48.85%
Bottled, Tank, or LP Gas1, 0.76%, see rank10.05%4.86%
Electricity7, 5.34%, see rank16.13%36.68%
Fuel Oil, Kerosene, etc.4, 3.05%, see rank2.62%5.86%
Coal or Coke0, 0.00%, see rank0.03%0.12%
Wood0, 0.00%, 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 Used1, 0.76%, see rank0.65%1.00%

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

Gross Rent

Monthly RentalGem Lake, MNMinnesotaU.S.
Occupied Units Paying Rent17, 100%562,19839,201,928
$199 or Less0, 0.00%, see rank2.46%1.50%
$200 to $2990, 0.00%, see rank4.66%3.18%
$300 to $4990, 0.00%, see rank9.32%7.37%
$500 to $6992, 11.76%, see rank17.06%16.01%
$700 to $9996, 35.29%, see rank33.30%29.17%
$1,000 to $1,4993, 17.65%, see rank23.49%26.88%
$1,500 to $1,9996, 35.29%, see rank7.02%9.79%
$2,000 or More0, 0.00%, see rank2.69%6.10%
Median$1,042, see rank$835$920

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

Vehicle Available

 Gem Lake, MNMinnesotaU.S.
Occupied Housing Units131, 100%2,115,337116,211,092
No Vehicles Available2, 1.53%, see rank7.25%9.12%
1 Vehicles Available18, 13.74%, see rank30.11%33.80%
2 Vehicles Available52, 39.69%, see rank40.67%37.48%
3 or More Vehicles Available59, 45.04%, see rank21.97%19.61%

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


 
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