Ada, Minnesota Mortgage and Housing Information

Population: 1,657
Data Source:US Census Bureau. All figures are from year 2000 unless otherwise noted.

Median price asked in year 2000	$17,500

A comparison of the average prices of homes in Ada, Minnesota and the U.S.
	U.S.	Minnesota	Ada
Median home value in year 2000	$111,800	$118,100	$51,400

Median owner costs for owner-occupied houses and condos in year **2000**
	U.S.	Minnesota	Ada
With a mortgage	$1,088	$1,044	$588
Without a mortgage	$295	$271	$198

Types of mortgages for owner-occupied Single-family Houses in Ada (2000)
Mortgage Type	Number of Single-family Houses	Percent of total
Without a mortgage	229	46.7%
First Mortgage Only	215	43.9%
Second Mortgage and/or Home Equity Loan	46	9.4%
Total	490	100%

Median age for males and females (2000).
Males	38
Females	44

Males earn $8,259 (57.0%) more than Females in Ada.

Level of higher education for people over 25 years in Ada (2000).
Level	Number of Males	Percent of Males	Number of Females	Percent of Females
Some College	109	22.2%	143	29.1%
Associate Degree	46	9.3%	60	12.2%
Bachelor's Degree	48	9.8%	103	20.9%
Master's Degree	15	3.0%	11	2.2%
Professional Degree	35	7.1%	2	0.4%
Doctorate Degree	2	0.4%	2	0.4%
Total (at least some college)	255	51.8%	321	49.2%
Total over 25	492	100%	652	100%

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