Backus, Minnesota Mortgage and Housing Information

Population: 311
Data Source:US Census Bureau. All figures are from year 2000 unless otherwise noted.

Median price asked in year 2000	$27,500

A comparison of the average prices of homes in Backus, Minnesota and the U.S.
	U.S.	Minnesota	Backus
Median home value in year 2000	$111,800	$118,100	$46,300

Median owner costs for owner-occupied houses and condos in year **2000**
	U.S.	Minnesota	Backus
With a mortgage	$1,088	$1,044	$562
Without a mortgage	$295	$271	$247

Types of mortgages for owner-occupied Single-family Houses in Backus (2000)
Mortgage Type	Number of Single-family Houses	Percent of total
Without a mortgage	56	69.1%
First Mortgage Only	23	28.4%
Second Mortgage and/or Home Equity Loan	2	2.5%
Total	81	100%

Median age for males and females (2000).
Males	34
Females	39

Males earn $2,026 (17.0%) more than Females in Backus.

Level of higher education for people over 25 years in Backus (2000).
Level	Number of Males	Percent of Males	Number of Females	Percent of Females
Some College	25	27.5%	34	37.4%
Associate Degree	10	11.0%	4	4.4%
Bachelor's Degree	6	6.6%	9	9.9%
Master's Degree	2	2.2%	0	0.0%
Professional Degree	0	0.0%	0	0.0%
Doctorate Degree	0	0.0%	0	0.0%
Total (at least some college)	43	47.3%	47	48.0%
Total over 25	91	100%	98	100%

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