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Minnetonka Housing, Costs

Monthly Minnetonka housing costs for owner-occupied housing units. Costs are in two categories, for owners with a mortgage, and without a mortgage. Costs are displayed in dollar amounts in the first table, and as a percentage of total income in the second table.


Housing costs

Number

Percent

Specified owner-occupied housing units

13,823

100.0%

 

 

 

With a mortgage

10,982

79.4%

Less than $200 monthly

0

0.0%

$200 - $299 monthly

17

0.2%

$300 - $399 monthly

47

0.4%

$400 - $499 monthly

86

0.8%

$500 - $599 monthly

145

1.3%

$600 - $699 monthly

183

1.7%

$700 - $799 monthly

355

3.2%

$800 - $899 monthly

426

3.9%

$900 - $999 monthly

641

5.8%

$1,000 - $1,499 monthly

3,911

35.6%

$1,500 - $1,999 monthly

2,549

23.2%

$2,000 - $2,499 monthly

1,130

10.3%

$2,500 - $2,999 monthly

581

5.3%

$3,000 or more monthly

911

8.3%

Median in dollars

1,462

 

 

 

 

Without a mortgage

2,841

20.6%

Less than $100 monthly

0

0.0%

$100 - $149 monthly

14

0.5%

$150 - $199 monthly

40

1.4%

$200 - $249 monthly

124

4.4%

$250 - $299 monthly

246

8.7%

$300 - $399 monthly

1,027

36.1%

$400 - $499 monthly

650

22.9%

$500 - $699 monthly

500

17.6%

$700 or more monthly

240

8.4%

Median in dollars

397

 


Housing costs as a percentage of monthly income (1999)

Number

Percent

With a mortgage

10,982

79.4%

Less than 20%

5,480

49.9%

20 - 24%

2,041

18.6%

25 - 29%

1,256

11.4%

30 - 34%

710

6.5%

35% or more

1,472

13.4%

Not computed

23

0.2%

Median

20.0%

 

 

 

 

Without a mortgage

2,841

20.6%

Less than 20%

2,398

84.4%

20 - 24%

204

7.2%

25 - 29%

47

1.7%

30 - 34%

38

1.3%

35% or more

121

4.3%

Not computed

33

1.2%

Median

10.0%

 





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