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Big Lake, Minnesota Mortgage and Housing Information

Population: 6,063
Data Source:US Census Bureau. All figures are from year 2000 unless otherwise noted.

Cost of Single-Family Houses

Median price asked
in year 2000
$162,500

Value of Houses and Condos

A comparison of the average prices of homes in Big Lake, Minnesota and the U.S.
U.S.MinnesotaBig Lake
Median home value
in year 2000
$111,800$118,100$121,700

Monthly Owner Costs

Median owner costs for owner-occupied houses and condos in year 2000
U.S.MinnesotaBig Lake
With a mortgage$1,088$1,044$1,001
Without a mortgage$295$271$248

Ownership of Single-family Houses

Types of mortgages for owner-occupied Single-family Houses in Big Lake (2000)
Mortgage TypeNumber of Single-family HousesPercent of total
Without a mortgage1459.3%
First Mortgage Only1,10870.8%
Second Mortgage and/or Home Equity Loan31219.9%
Total1,565100%

Tenancy in Big Lake

How many people in Big Lake live in their own home? How many rent their home? Data for houses and condos, from 2000.
Owner-occupied homes1,785
Renter-occupied homes332
Homes for sale12
Homes for rent7
Total2,206

Age of Big Lake Residents

Median age for males and females (2000).
Males 28
Females 28

Income

Median earnings for the 12 months preceding 2000, residents over 16 years with earnings
U.S.MinnesotaBig Lake
Median Earnings$23,755$25,505$27,100
Median Earnings, Males$29,458$31,448$31,810
Median Earnings, Females$18,957$20,298$22,443

Males earn $9,367 (41.7%) more than Females in Big Lake.

Commuting in Big Lake

Means of transportation to work, workers over 16 years old.
Means of TransportNumber of People
Car, solo2,626
Carpooled482
Public Transit12
Bicycle0
Walking46
Other Means4
Total, Commuted3,170
Worked from home98
Total3,268

Time Spent Commuting in Big Lake

Time spent commuting in Big Lake
Time spent in minutesNumber of People
Less than 5106
5-9291
10-14326
15-19273
20-24259
25-29200
30-34466
35-39150
40-44186
45-59554
60-89313
Over 9046

Education

Level of higher education for people over 25 years in Big Lake (2000).
LevelNumber of MalesPercent of MalesNumber of FemalesPercent of Females
Some College39722.8%56332.4%
Associate Degree22613.0%1347.7%
Bachelor's Degree18810.8%20111.6%
Master's Degree382.2%221.3%
Professional Degree140.8%40.2%
Doctorate Degree00.0%00.0%
Total (at least some college)86349.6%92454.0%
Total over 251,740100%1,711100%

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