Esko CDP Minnesota Area Home Supply Charts

This page looks at a variety of Esko CDP Minnesota housing market data taken from the most recent 2020 American Community Survey census data. Housing units are structures such as a single family home, apartment community, mobile home park, public housing, etc. where a person or family live and live separately from other residents of the building. Figure 1 shows the total number of housing units for each city. Esko CDP depicts it has a Housing Units of 932 which is in the center range of other places in the local area.

Figure 2 illustrates the housing density in the Esko CDP housing market as measured by housing units per square land mile (includes single family homes, apartments, etc.) Esko CDP depicts it has a Housing Density of 191.7 which is the third most of all other places in the local area. The place with the highest housing density in the area is Scanlon which depicts a density of 567.4 (approximately 3.0 times bigger). Comparing housing density to the United States average of 38.9, Esko CDP is approximately 4.9 times bigger. Also, benchmarked against the state of Minnesota, housing density of 30.7, Esko CDP is considerably bigger.

In Figure 4, Esko CDP area change in the number of housing units and is a forward gauge (along with population change) for any potential housing shortage. Esko CDP shows it has a Housing Unit Change of 30.2% which is the second most of all the places in the greater region. The place with the highest change in the housing units in the area is Carlton which depicts a housing units of 37.7% (25.1% larger). Comparing change in the housing units to the United States average of 5.7%, Esko CDP is substantially bigger. Also, compared to the state of Minnesota, change in the housing units of 3.9%, Esko CDP is substantially bigger.

Figure 5 shows the percentage of rental property based on that they are occupied by renters as a percent of the total number of households in the community (including homes, apartments, etc.) Esko CDP shows it has a Renter Percent of 8.9% which is the smallest in order of renter percent of all the other places in the metro area. Figure 6 illustrates the total number of housing units that are occupied by owners. it has a Owner Percent of 91.1% which is the highest of all places in the greater Esko CDP region.

Esko CDP Minnesota Home Cost Charts

Looking at the housing data provided in Figure 7, the average Esko CDP home price is illustrated for this community and a useful analysis of affordable housing. Esko CDP shows it has a Median Home Value of $222,000 which is the second most of all the places in the local area. The place with the highest median home price in the area is Hermantown which shows a home price of $238,800 (7.6% larger). Figure 8 provides aggregate comparative data for the Esko CDP Minnesota metro area in terms of the median housing rental rate, apartment rent, etc. Esko CDP indicates it has a Median Gross Rent of $1,292 which is the largest of all places in the greater Esko CDP region. Comparing rental rates to the United States average of $1,062, Esko CDP is 21.7% larger. Also, versus the state of Minnesota, rental rates of $977, Esko CDP is 32.2% larger.

Figure 9 provides the frequency distribution of home prices for the area and is useful for understanding affordable housing fund. Esko CDP has the percentage of home price worth between $50,000 to $100,000 the second smallest when ranked by home price worth less than $50,000 of all the other places in the metro area at 44% of the total. Second, it has the largest proportion of home price worth between $100,000 to $200,000 at 40% of the total and is ranked #1.

Median owner costs for the real estate market are shown in Figure 10 and include the costs associated with any mortgage, utility expenses, insurance, and other miscellaneous costs. Esko CDP shows it has a Median Owner Cost of $1,332 which is the largest of all places in the greater Esko CDP region. Figure 11 shows the median amount of cost as a percent of total household income for people who own homes in the Esko CDP metro area. it has a Owner Cost as % of HH Income of 20% which is the largest of all places in the greater Esko CDP region. The next chart, Figure 12, provides a comparison chart of the median home cost as a percent of a median worker take home earnings and is thus a valuable measure of affordable housing. Esko CDP depicts it has a Median Home Value as Percent of Median Earnings of 411% which is ranked #1 of all places in the greater Esko CDP region.

Figure 14 depicts the median cost of housing for owners with also have a mortgages (versus those who do not have a mortgage because mortgage cost is included.) Esko CDP depicts it has a Median Owner Costs-With Mortgage of $1,475 which is the second most median housing cost of all the places in the greater Esko CDP region. Figure 15 is a chart that shows the median housing costs for owners who do not have mortgages (and therefore the cost of home ownership does not include mortgage cost.) it has a Median Owner Costs-Without Mortgage of $526 which is the largest of all places in the greater Esko CDP region.

Figure 16 shows the distribution in total housing cost for owners of property (so not renters.) This cost includes mortgages, lines of credit interest, utilities, taxes, insurance, etc. Esko CDP has the smallest proportion of owner cost less than $300 at 3% of the total. Second, it has the smallest proportion of owner cost between $300 and $500 at 7% of the total. Third, it has the second smallest when sorted by owner cost less than $300 of all the other places in the local area when ranked by owner cost between $500 and $700 at 12% of the total. Also, it has one of the largest proportions of owner cost between $700 and $1,000 at 35% of the total and is ranked #2. The only larger place being Wrenshall with 39%. In addition, it has the largest proportion of owner cost between $1,000 and $1,500 at 26% of the total and is ranked #1.

Next shown in Figure 17 is the housing cost as a percent of household income for people who own their homes and have a mortgages (thus the cost of financing the home is included.) Esko CDP depicts it has a % of Income Owner Costs-With Mortgage of 22% which is the second most cost as a percent of household income of all the places in the greater Esko CDP region. The place with the highest cost as a percent of household income in the area is Wrenshall which shows a cost as a percent of household income of 22% (only about 2.8% larger). Housing cost as a percent of household income for owners who do not have a mortgage is shown in Figure 18. This analysis can be useful for understanding the affordable housing for home ownership excluding any financing cost in the area shown. Esko CDP depicts it has a % of Income Owner Costs-No Mortgage of 9% which is the second smallest when sorted by cost as a percent of household income of all the other places in the greater region. The place with the highest cost as a percent of household income in the area is Proctor which depicts a cost as a percent of household income of 14% (53.3% larger).

Figure 19 looks at the cost of rent for rental property using the percent of total household income which is a valuable measure of financial health for the area. (The higher the proportion of rent payments to total household income is a sign of greater financial stress. Also, rent can be covered by rent assistance and rent assistance programs in the form of rent assistance.) Esko CDP has the smallest proportion of rent as a percent of income is between 20pct to 30pct at 12% of the total. Second, it has the largest proportion of rent as a percent of income is between 40pct to 50pct at 40% of the total and is ranked #1.

Figure 20 shows the total housing cost for both home owners and apartment community renters in the area. Esko CDP has the smallest proportion of housing cost less than $300 at 6% of the total. Second, it has the smallest proportion of housing cost between $300 and $500 at 6% of the total. Third, it has the smallest proportion of housing cost between $500 and $700 at 13% of the total. Also, it has the largest proportion of housing cost between $1,000 and $1,500 at 25% of the total and is ranked #1.

Figure 21 shows median amount of real estate taxes paid for home owners in the region. it has a Median Real Estate Taxes Paid of $2,563 which is the second most median real estate taxes paid of all the places in the greater Esko CDP region. The place with the highest median real estate taxes paid in the area is Hermantown which depicts a taxes paid of $2,962 (15.6% larger). Comparing median real estate taxes paid to the United States average of $2,471, Esko CDP is only about 3.7% larger. Also, versus the state of Minnesota, median real estate taxes paid of $2,500, Esko CDP is only about 2.5% larger.

Figure 23 shows the rental rate distribution for this area. Esko CDP Minnesota has the percentage of rent between 500 and 750 dollars less than most other places in the local area at 24% of the total.

Esko CDP Minnesota Home Financing Charts

The analysis in Figure 25 shows the detailed distribution of owned homes by mortgage status. Esko CDP has the largest proportion of both 2nd mortgage and heloc at 70% of the total and is ranked #1. Second, it has the smallest proportion of no 2nd mortgage and no heloc at 22% of the total.

Figure 26 shows the proportion of houses with a mortgage versus those without a mortgage. Esko CDP has the smallest proportion of houses with mortgages at 22% of the total.

Esko CDP Minnesota Home Characteristics Charts

Figure 28 shows the household size for families living in the area and it has a Family size of 3.1 which is less than most other places in the metropolitan area. The place with the highest family members per housing unit in the area is Proctor which depicts a family members per housing unit of 3.2 (only about 3.4% larger). Comparing family members per housing unit to the United States average of 3.3, Esko CDP is about 8.9% smaller. Also, benchmarked against the state of Minnesota, family members per housing unit of 3.1, Esko CDP is only about 3.2% smaller.

Figure 29 show the median number of rooms in a typical home for each location in this area. it has a Median Number of Rooms of 6.3 which is at the top of all other places in the greater Esko CDP region. Figure 30 shows, for the average house in each location, the median year that a house was built. This can be useful for understanding the relative age of one neighborhood versus another for a real estate investor. it has a Median Year Built of 1971 which is the third most year built of all other places in the greater Esko CDP region. The place with the highest year built in the area is Hermantown which depicts a year built of 1988 ( about the same size).

Figure 31 looks at the distribution of housing units by the median age that the homes were built. has the percentage of homes built between 2010 to 2013 less than most other places in the surrounding region at 12% of the total. Second, it has one of the largest proportions of homes built between 2000 to 2009 at 16% of the total and is ranked #2. The only larger place being Hermantown with 22%. Third, it has the smallest proportion of homes built between 1990 to 1999 at 2% of the total. Also, it has one of the largest proportions of homes built between 1960 to 1969 at 17% of the total and is ranked #3. Only #2 Cloquet (17%), and #1 Scanlon (24%) are larger. In addition, it has less than most other places in the local area in order of homes built between 1940 to 1949 at 12% of the total.

Figure 32 shows the difference in the number of housing units based on whether they are occupied by owners versus occupied by renters. has the percentage of owner housing units the second smallest in order of owner-occupied housing units of all the other places in the metro area at 75 of the total.

Figure 34 shows the median value of homes broken down by the median year that the homes were built. it has one of the largest proportions of value of homes built 2010 to 2013 at $321,000 of the total and is ranked #2. The only larger place being Hermantown with $389,500. Second, it has one of the largest proportions of value of homes built 2000 to 2009 at $277,800 of the total and is ranked #3. Only #2 Proctor ($297,700), and #1 Hermantown ($318,200) are larger. Third, it has in the center range of other places in the surrounding region when ranked by value of homes built 1980 to 1989 at $191,500 of the total. Also, it has one of the largest proportions of value of homes built 1970 to 1979 at $178,400 of the total and is ranked #2. The only larger place being Hermantown with $181,500. In addition, it has the largest proportion of value of homes built 1960 to 1969 at $252,700 of the total and is ranked #1. Furthermore, it has one of the largest proportions of value of homes built 1940 to 1949 at $159,400 of the total and is ranked #2. The only larger place being Hermantown with $192,000.

Figure 35 compares the total number of occupied housing units to vacant housing units. This analysis can be used to understand any housing shortage in the community. it has the largest proportion of occupied housing units at 9% of the total and is ranked #1.

The next two charts show both the average household size of homeowners versus the average household size of renters. Starting with Figure 36 we see the household size of homeowners for Esko CDP residents. it has a Owner-Household Size of 2.5 which is less than most other places in the metro area. The place with the highest homeowner household size in the area is Scanlon which shows a homeowner household size of 2.6 (only about 3.1% larger).

Figure 37 shows the household size for renters. Esko CDP depicts it has a Renter-Household Size of 1.2 which is the smallest as measured by renter household size of all the other places in the local area. The place with the highest renter household size in the area is Wrenshall which depicts a renter household sizes of 3.0 (approximately 2.5 times bigger). Figure 38 shows the year that people who own homes moved into this region. it has the largest proportion of owners moved in 2017 or later at 22% of the total and is ranked #1. Second, it has the smallest proportion of owners moved in 2015 to 2016 at 10% of the total. Third, it has the largest proportion of owners moved in 2000 to 2009 at 27% of the total and is ranked #1. Also, it has the smallest proportion of owners moved in 1990 to 1999 at 11% of the total. Figure 39 shows the year that people who rent moved into the area. Esko CDP has the smallest proportion of renters moved in 2015 to 2016 at 10% of the total. Second, it has the largest proportion of renters moved in 2010 to 2014 at 49% of the total and is ranked #1. Third, it has the largest proportion of renters moved in 1990 to 1999 at 40% of the total and is ranked #1.

Figure 40 compares the median year that home owners moved into their home. it has a Owner Median Year Moved In of 2002 which is the second smallest when sorted by median year that a home owner moved in of all the other places in the metro area. Figure 41 compares the median year that renters moved into their home. Esko CDP depicts it has a Renter Median Year Moved In of 2001 which is the smallest as measured by median year that a renter moved in of all the other places in the greater region.

Figure 42 shows the frequency distribution of various types of energy sources used for homes in the community. it has the largest proportion of homes using natural gas at 50% of the total and is ranked #1. Second, it has the smallest proportion of home using bottled, tank, or lp gas at 12% of the total. Third, it has the largest proportion of home using electricity at 19% of the total and is ranked #1. Also, it has the smallest proportion of homes using coal or coke at 1% of the total. In addition, it has the largest proportion of homes using solar energy at 2% of the total and is ranked #1.