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Arco, Minnesota Mortgage and Housing Information
Population: 100
Data Source:US Census Bureau. All figures are from year 2000 unless otherwise noted.
Lifestyle in Arco
Income
| U.S. | Minnesota | Arco | |
|---|---|---|---|
| Median Earnings | $23,755 | $25,505 | $16,458 |
| Median Earnings, Males | $29,458 | $31,448 | $19,750 |
| Median Earnings, Females | $18,957 | $20,298 | $11,250 |
Males earn $8,500 (75.6%) more than Females in Arco.
Commuting in Arco
Means of transportation to work, workers over 16 years old.
| Means of Transport | Number of People |
|---|---|
| Car, solo | 35 |
| Carpooled | 2 |
| Public Transit | 0 |
| Bicycle | 0 |
| Walking | 5 |
| Other Means | 0 |
| Total, Commuted | 42 |
| Worked from home | 2 |
| Total | 44 |
Time Spent Commuting in Arco
Time spent commuting in Arco
| Time spent in minutes | Number of People |
|---|---|
| Less than 5 | 4 |
| 5-9 | 5 |
| 10-14 | 7 |
| 15-19 | 7 |
| 20-24 | 4 |
| 25-29 | 6 |
| 30-34 | 9 |
| 35-39 | 0 |
| 40-44 | 0 |
| 45-59 | 0 |
| 60-89 | 0 |
| Over 90 | 0 |
Education
| Level | Number of Males | Percent of Males | Number of Females | Percent of Females |
|---|---|---|---|---|
| Some College | 6 | 18.2% | 11 | 33.3% |
| Associate Degree | 0 | 0.0% | 0 | 0.0% |
| Bachelor's Degree | 4 | 12.1% | 2 | 6.1% |
| Master's Degree | 0 | 0.0% | 0 | 0.0% |
| Professional Degree | 0 | 0.0% | 0 | 0.0% |
| Doctorate Degree | 0 | 0.0% | 0 | 0.0% |
| Total (at least some college) | 10 | 30.3% | 13 | 44.8% |
| Total over 25 | 33 | 100% | 29 | 100% |
Housing in Arco
Cost of Single-Family Houses
| Median price asked in year 2000 | $12,500 |
|---|
Value of Houses and Condos
| U.S. | Minnesota | Arco | |
|---|---|---|---|
| Median home value in year 2000 | $111,800 | $118,100 | $14,000 |
Monthly Owner Costs
| U.S. | Minnesota | Arco | |
|---|---|---|---|
| With a mortgage | $1,088 | $1,044 | $581 |
| Without a mortgage | $295 | $271 | $188 |
Tenancy in Arco
| Owner-occupied homes | 38 |
|---|---|
| Renter-occupied homes | 6 |
| Homes for sale | 1 |
| Homes for rent | 2 |
| Total | 51 |
Ownership of Single-family Houses
Types of mortgages for owner-occupied Single-family Houses in Arco (2000)
| Mortgage Type | Number of Single-family Houses | Percent of total |
|---|---|---|
| Without a mortgage | 20 | 60.6% |
| First Mortgage Only | 13 | 39.4% |
| Second Mortgage and/or Home Equity Loan | 0 | 0.0% |
| Total | 33 | 100% |
Age of Arco Residents
| Males | Females |
|---|---|
| 38 | 33 |
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