Marine on St Croix Minnesota Area Home Supply Charts

This page looks at a variety of Marine on St Croix 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. Marine on St Croix shows it has a Housing Units of 329 which is the second smallest in order of housing units of all the other places in the local area.

Figure 2 illustrates the housing density in the Marine on St Croix housing market as measured by housing units per square land mile (includes single family homes, apartments, etc.) Marine on St Croix shows it has a Housing Density of 84.2 which is less than most other places in the local area. The city with the highest housing density in the area is Stillwater which depicts a density of 1141.8 ( very much bigger). Comparing housing density to the United States average of 38.9, Marine on St Croix is about twice as large. Also, in contrast to the state of Minnesota, housing density of 30.7, Marine on St Croix is approximately 2.7 times bigger.

In Figure 4, Marine on St Croix area change in the number of housing units and is a forward gauge (along with population change) for any potential housing shortage. Marine on St Croix shows it has a Housing Unit Change of -5.5% which is less than most other places in the area. The city with the highest change in the housing units in the area is Hugo which depicts a housing units of 10.1% (about twice as large). Comparing change in the housing units to the United States average of 5.7%, Marine on St Croix is about the same size. Also, versus the state of Minnesota, change in the housing units of 3.9%, Marine on St Croix is 40.8% larger.

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.) Marine on St Croix depicts it has a Renter Percent of 12.2% which is the second smallest when ranked by renter percent of all the other places in the local area. Figure 6 illustrates the total number of housing units that are occupied by owners. it has a Owner Percent of 87.8% which is the second most owner percent of all the places in the greater Marine on St Croix region.

Marine on St Croix Minnesota Home Cost Charts

Looking at the housing data provided in Figure 7, the average Marine on St Croix home price is illustrated for this community and a useful analysis of affordable housing. Marine on St Croix shows it has a Median Home Value of $397,100 which is more than all other places in the greater Marine on St Croix region. Figure 8 provides aggregate comparative data for the Marine on St Croix Minnesota metro area in terms of the median housing rental rate, apartment rent, etc. Marine on St Croix depicts it has a Median Gross Rent of $1,286 which is the second most rental rates of all the places in the greater Marine on St Croix region. The city with the highest rental rates in the area is Hugo which depicts a rental rates of $1,500 (16.6% larger). Comparing rental rates to the United States average of $1,062, Marine on St Croix is 21.1% larger. Also, compared with the state of Minnesota, rental rates of $977, Marine on St Croix is 31.6% larger.

Figure 9 provides the frequency distribution of home prices for the area and is useful for understanding affordable housing fund. Marine on St Croix has the smallest proportion of home price worth between $50,000 to $100,000 at 5% of the total. Second, it has the largest proportion of home price worth between $400,000 to $500,000 at 25% of the total and is ranked #1. Third, it has the largest proportion of home price worth between $500,000 to $750,000 at 4% of the total and is ranked #1. Also, it has the largest proportion of home price worth between $750,000 to $1,000,000 at 1% of the total and is ranked #1. In addition, it has the largest proportion of home price worth between $1,000,000 to $1,500,000 at 1% of the total and is ranked #1. Furthermore, it has the largest proportion of home price worth between $1,500,000 to $2,000,000 at 1% 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. Marine on St Croix depicts it has a Median Owner Cost of $1,673 which is the most of all places in the greater Marine on St Croix region. Figure 11 shows the median amount of cost as a percent of total household income for people who own homes in the Marine on St Croix metro area. it has a Owner Cost as % of HH Income of 18% which is the third most of all other places in the metro area. 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. Marine on St Croix depicts it has a Median Home Value as Percent of Median Earnings of 506% which is the second most of all the places in the greater 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.) Marine on St Croix depicts it has a Median Owner Costs-With Mortgage of $2,324 which is ranked #1 of all places in the greater Marine on St Croix 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 $677 which is the second most median housing cost of all the places in the greater Marine on St Croix 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. Marine on St Croix has the percentage of owner cost less than $300 less than most other places in the local area at 2% of the total. Second, it has the largest proportion of owner cost between $300 and $500 at 16% of the total and is ranked #1. Third, it has one of the largest proportions of owner cost between $500 and $700 at 12% of the total and is ranked #3. Only #2 Scandia (19%), and #1 Houlton CDP (59%) are larger. Also, it has less than most other places in the local area when ranked by owner cost between $700 and $1,000 at 13% of the total. In addition, it has less than most other places in the metro area as measured by owner cost between $1,000 and $1,500 at 14% of the total. Furthermore, it has the largest proportion of owner cost between $2,000 and $2,500 at 11% of the total and is ranked #1. Next it has the largest proportion of owner cost between $3,000 and $3,500 at 7% of the total and is ranked #1. Additionally, it has the largest proportion of owner cost between $3,500 and $4,000 at 4% 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.) Marine on St Croix depicts it has a % of Income Owner Costs-With Mortgage of 20% which is in the middle range of other places in the metro area. The city with the highest cost as a percent of household income in the area is Osceola which depicts a cost as a percent of household income of 24% (16.3% 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. Marine on St Croix depicts it has a % of Income Owner Costs-No Mortgage of 14% which is ranked #1 of all places in the greater Marine on St Croix region.

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.) Marine on St Croix has the largest proportion of rent as a percent of income is between 20pct to 30pct at 38% of the total and is ranked #1. Second, it has one of the largest proportions of rent as a percent of income is between 30pct to 40pct at 22% of the total and is ranked #2. The only larger city being Houlton CDP with 37%. Third, it has the largest proportion of rent as a percent of income is between 40pct to 50pct at 32% 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. Marine on St Croix has the smallest proportion of housing cost less than $300 at 2% of the total. Second, it has the largest proportion of housing cost between $2,000 and $2,500 at 11% of the total and is ranked #1. Third, it has the largest proportion of housing cost between $2,500 and $3,000 at 14% 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 $4,329 which is ranked #1 of all places in the greater Marine on St Croix region. Comparing median real estate taxes paid to the United States average of $2,471, Marine on St Croix is 75.2% larger. Also, versus the state of Minnesota, median real estate taxes paid of $2,500, Marine on St Croix is 73.2% larger.

Figure 22 shows the percentage of renters who pay for utilities in Marine on St Croix Minnesota. This is calculated as the percent of renters who pay separately for utilities versus the people who have utilities included as part of amenities. Marine on St Croix has the largest proportion of pay extra for utilities at 14% of the total and is ranked #1.

Figure 23 shows the rental rate distribution for this area. Marine on St Croix Minnesota has the largest proportion of rent between 300 and 500 dollars at 27% of the total and is ranked #1. Second, it has the largest proportion of rent between $1,500 and $2,500 at 8% of the total and is ranked #1.

Marine on St Croix Minnesota Home Financing Charts

The analysis in Figure 25 shows the detailed distribution of owned homes by mortgage status. Marine on St Croix has the largest proportion of 2nd mortgage or heloc-not both at 3% of the total and is ranked #1. Second, it has the smallest proportion of both 2nd mortgage and heloc at 50% of the total. Third, it has one of the largest proportions of no 2nd mortgage and no heloc at 36% of the total and is ranked #2. The only larger city being Scandia with 37%.

Figure 26 shows the proportion of houses with a mortgage versus those without a mortgage. Marine on St Croix has one of the largest proportions of houses with mortgages at 36% of the total and is ranked #2. The only larger city being Scandia with 37%.

Marine on St Croix 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 greater region. The city with the highest family members per housing unit in the area is Somerset which depicts a family members per housing unit of 3.6 (15.0% larger). Comparing family members per housing unit to the United States average of 3.3, Marine on St Croix is about 7.4% smaller. Also, in comparison with the state of Minnesota, family members per housing unit of 3.1, Marine on St Croix is about the same size.

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 6.9 which is the third most average number of rooms in a house of all other places in the greater Marine on St Croix region. The city with the highest average number of rooms in a house in the area is Houlton CDP which depicts an average number of rooms in a house of 7.5 (8.7% larger). 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 1970 which is the second smallest in order of year built of all the other places in the metropolitan area. The city with the highest year built in the area is Hugo which depicts a year built of 2002 ( only slightly larger).

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 greater region at 18% of the total. Second, it has the largest proportion of homes built between 1960 to 1969 at 9% of the total and is ranked #1. Third, it has one of the largest proportions of homes built between 1940 to 1949 at 29% of the total and is ranked #2. The only larger city being Houlton CDP with 55%.

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 smallest proportion of owner housing units at 37 of the total.

Figure 33 shows the difference in the number of housing units based on whether they are occupied by owners or renters. has the percentage of 3 or 4 units less than most other places in the metropolitan area at 2% of the total.

Figure 34 shows the median value of homes broken down by the median year that the homes were built. it has the largest proportion of value of homes built 2010 to 2013 at $494,100 of the total and is ranked #1. Second, it has the largest proportion of value of homes built 2000 to 2009 at $412,500 of the total and is ranked #1. Third, it has the largest proportion of value of homes built 1990 to 1999 at $433,300 of the total and is ranked #1. Also, it has one of the largest proportions of value of homes built 1980 to 1989 at $330,000 of the total and is ranked #2. The only larger city being Scandia with $374,800. In addition, it has the largest proportion of value of homes built 1970 to 1979 at $314,300 of the total and is ranked #1. Furthermore, it has the largest proportion of value of homes built 1960 to 1969 at $295,000 of the total and is ranked #1. Next it has the largest proportion of value of homes built 1940 to 1949 at $375,000 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 Marine on St Croix residents. it has a Owner-Household Size of 2.4 which is the smallest when ranked by homeowner household size of all the other places in the local area. The city with the highest homeowner household size in the area is Houlton CDP which shows a homeowner household size of 2.9 (22.0% larger).

Figure 37 shows the household size for renters. Marine on St Croix shows it has a Renter-Household Size of 2.8 which is the highest of all places in the greater Marine on St Croix region. 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 14% of the total and is ranked #1. Figure 39 shows the year that people who rent moved into the area. Marine on St Croix has the largest proportion of renters moved in 2017 or later at 66% of the total and is ranked #1. Second, it has the smallest proportion of renters moved in 2010 to 2014 at 5% of the total.

Figure 40 compares the median year that home owners moved into their home. it has a Owner Median Year Moved In of 2003 which is less than most other places in the local area. Figure 41 compares the median year that renters moved into their home. Marine on St Croix depicts it has a Renter Median Year Moved In of 2014 which is the second most of all the places in the metropolitan area.

Figure 42 shows the frequency distribution of various types of energy sources used for homes in the community. it has one of the largest proportions of homes using coal or coke at 3% of the total and is ranked #2. The only larger city being Scandia with 6%. Second, it has the largest proportion of homes using solar energy at 1% of the total and is ranked #1.