Adams, Minnesota Mortgage and Housing Information

Population: 800
Data Source:US Census Bureau. All figures are from year 2000 unless otherwise noted.

Median price asked in year 2000	$77,500

A comparison of the average prices of homes in Adams, Minnesota and the U.S.
	U.S.	Minnesota	Adams
Median home value in year 2000	$111,800	$118,100	$64,000

Median owner costs for owner-occupied houses and condos in year **2000**
	U.S.	Minnesota	Adams
With a mortgage	$1,088	$1,044	$725
Without a mortgage	$295	$271	$257

Types of mortgages for owner-occupied Single-family Houses in Adams (2000)
Mortgage Type	Number of Single-family Houses	Percent of total
Without a mortgage	125	55.1%
First Mortgage Only	77	33.9%
Second Mortgage and/or Home Equity Loan	25	11.0%
Total	227	100%

Median age for males and females (2000).
Males	43
Females	53

Males earn $9,375 (57.7%) more than Females in Adams.

Level of higher education for people over 25 years in Adams (2000).
Level	Number of Males	Percent of Males	Number of Females	Percent of Females
Some College	49	18.1%	63	23.2%
Associate Degree	15	5.5%	25	9.2%
Bachelor's Degree	19	7.0%	23	8.5%
Master's Degree	12	4.4%	2	0.7%
Professional Degree	4	1.5%	5	1.8%
Doctorate Degree	0	0.0%	0	0.0%
Total (at least some college)	99	36.5%	118	36.1%
Total over 25	271	100%	327	100%

What Will Your Monthly Payment Be?

Purchase Price

Down Payment

Interest Rate

Term of the Loan