Trend of monthly owner costs in Chippewa County, Minnesota

Gavop is a real estate, housing & local data & analytics service. We get data from public sources such as the census bureau & private databases. Our data can be used by real estate and organizations to get further insights into local market dynamics. We analyzed Median selected monthly owner costs as a percentage of household income from 2009-2015. The Median selected monthly owner costs as a percentage of household income is impacted due to visible and hidden factors such as Property taxes, insurance, lawn maintenance & cleaning, the furnace and air-conditioning, phone, internet, safety, pest control and other.

The key elements are

  1. Housing units with a mortgage
  2. Housing units without a mortgage

The importance are:

Property Insurance, Property Taxes, Tax Benefits, Appreciation/Inflation, Interest/Opportunity Cost.

Our key findings

CountyChippewa County
(Monthly owners cost) Housing units with a mortgage 20151,069
(Monthly owners cost) Housing units with a mortgage 2009996
(Monthly owners cost) Housing units with a mortgage % change7.3
(Monthly owners cost) Housing units with a mortgage change rank compared to US1,244
(Monthly owners cost) Housing units with a mortgage change rank compared to Minnesota30
(Monthly owners cost) Housing units without a mortgage 2015409
(Monthly owners cost) Housing units without a mortgage 2009369
(Monthly owners cost) Housing units without a mortgage % change10.8
(Monthly owners cost) Housing units without a mortgage change rank compared to US1,511
(Monthly owners cost) Housing units without a mortgage change rank compared to Minnesota58