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Babbitt, Minnesota Mortgage and Housing Information

Population: 1,670
Data Source:US Census Bureau. All figures are from year 2000 unless otherwise noted.

Lifestyle in Babbitt

Income

Median earnings for the 12 months preceding 2000, residents over 16 years with earnings
U.S.MinnesotaBabbitt
Median Earnings$23,755$25,505$20,697
Median Earnings, Males$29,458$31,448$30,625
Median Earnings, Females$18,957$20,298$10,764

Males earn $19,861 (184.5%) more than Females in Babbitt.

Commuting in Babbitt

Means of transportation to work, workers over 16 years old.

Means of transportation to work, workers over 16 years old.
Means of TransportNumber of People
Car, solo496
Carpooled80
Public Transit0
Bicycle5
Walking4
Other Means3
Total, Commuted588
Worked from home16
Total604

Time Spent Commuting in Babbitt

Time spent commuting in Babbitt

Time spent commuting in Babbitt
Time spent in minutesNumber of People
Less than 593
5-9110
10-1463
15-1953
20-2464
25-2922
30-3461
35-3916
40-4429
45-5948
60-8918
Over 9011

Education

Level of higher education for people over 25 years in Babbitt (2000).
LevelNumber of MalesPercent of MalesNumber of FemalesPercent of Females
Some College14524.3%18330.7%
Associate Degree518.5%528.7%
Bachelor's Degree406.7%335.5%
Master's Degree193.2%50.8%
Professional Degree00.0%10.2%
Doctorate Degree00.0%00.0%
Total (at least some college)25542.7%27443.0%
Total over 25597100%637100%
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Housing in Babbitt

Cost of Single-Family Houses

Median price asked in year 2000$38,500

Value of Houses and Condos

U.S.MinnesotaBabbitt
Median home value in year 2000$111,800$118,100$44,300

Monthly Owner Costs

Median owner costs for owner-occupied houses and condos in year 2000
U.S.MinnesotaBabbitt
With a mortgage$1,088$1,044$564
Without a mortgage$295$271$187

Tenancy in Babbitt

How many people in Babbitt live in their own home? How many rent their home? Data for houses and condos, from 2000.
Owner-occupied homes656
Renter-occupied homes79
Homes for sale8
Homes for rent11
Total801

Ownership of Single-family Houses

Types of mortgages for owner-occupied Single-family Houses in Babbitt (2000)

Types of mortgages for owner-occupied Single-family Houses in Babbitt (2000)
Mortgage TypeNumber of Single-family HousesPercent of total
Without a mortgage38265.2%
First Mortgage Only18631.7%
Second Mortgage and/or Home Equity Loan183.1%
Total586100%

Age of Babbitt Residents

Median age for males and females (2000).
MalesFemales
4547

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