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Montevideo Minnesota Real Estate By Jennifer Hershey

Montevideo Minnesota Real Estate

Montevideo, Minnesota, is located in Chippewa County, 84 miles SW of St. Cloud, Minnesota and 407 miles W of Milwaukee, Wisconsin. Montevideo has a population of 5,346.

Montevideo Homes

Montevideo properties pool is 2,352 residential properties including Montevideo new homes. Median age of real estate in Montevideo is 1954. Average Household size is 2.89 people. 3% are one bedroom homes, 26% are 2 bedroom homes, 51% are 3 bedroom homes, 18% are 4 bedroom homes, and 4% are 5+ bedroom homes.

Montevideo Mortgage Statistics

Montevideo mortgages vs. USA median statistics

Homes Montevideo USA
Homes With No Mortgage 39%
30%
Homes With Mortgage 61%
70%
First Mortgage Only 46%
54%
First & Second Mortgage or HELOC 15%
16%

Montevideo Area Real Estate Tax

Montevideo Real estate Tax: Median Real Estate Taxes (2000) were $801 comparing to 1999 Median Family income $ 44,706. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).

Montevideo School District: Children make up 24.5% of Montevideo population. Montevideo has 1,312 under 18 years old residents, or 0.51 kids per one worker, or 0.56 kids per one household.

Montevideo Real Estate & Montevideo Homeownership

There are 823.2 or 35% one person households, 799.68 or 34% two person households, and 282.24 or 12% three person households in Montevideo, Minnesota. Median residents age is 39.9, Senior citizens (65+) make up 1,102 or 20.6%% of Montevideo population.

There are 2,583 workers (over 16 years of age) in Montevideo. Of these, 92.33% drive to work. Approximately 0.31% of workers in Montevideo take public transportation. An estimated 2.71% walk to work.

Median Montevideo homeowner's housing expences are 15.3%

Crime in Montevideo (2003), crimes per 10,000 residents per year

Type of Crime Montevideo USA, 2003
Violent Crimes
18.71
47.5
Robberies
NaN
14.2
Aggravated Assaults
7.48
29.5
Property Crimes
336.7
358.8
Burglaries
59.86
74.0
Larceny-Thefts
269.36
241.5
Motor Vehicle Thefts
7.48
43.3

Invest in Montevideo Properties

When making a decision about buying real estate in Montevideo Minnesota area, you should consider following statistical data:

Category Montevideo USA
Near Medium City
St. Cloud, Minnesota
-
Near Large City
Milwaukee, Wisconsin
-
Montevideo Zip Codes
56265
-
Montevideo Area Codes
320
-
White population
97.1%
75.1%
African-American population
0.11%
12.3%
Asian
0.34%
3.6%
American Indian & Alaskan
0.41%
0.9%
Hispanic (of any race)
2%
12.5%
Median Family Income (1999)
$ 44,706%
$42,000
Population Below Poverty Level
10.03%
12.4%

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