Owatonna Minnesota Real Estate
Owatonna, Minnesota, is located in Steele County, 37 miles W of Rochester, Minnesota and 273 miles W of Milwaukee, Wisconsin. Owatonna has a population of 22,434.
Owatonna Homes
Owatonna properties pool is 8,694 residential properties including Owatonna new homes. Median age of real estate in Owatonna is 1969. Average Household size is 3.08 people. 2% are one bedroom homes, 19% are 2 bedroom homes, 55% are 3 bedroom homes, 21% are 4 bedroom homes, and 4% are 5+ bedroom homes.
Owatonna Mortgage Statistics
Owatonna mortgages vs. USA median statistics
| Homes |
Owatonna |
USA |
| Homes With No Mortgage |
29% |
30% |
| Homes With Mortgage |
71% |
70% |
| First Mortgage Only |
48% |
54% |
| First & Second Mortgage or HELOC |
23% |
16% |
Owatonna Area Real Estate Tax
Owatonna Real estate Tax: Median Real Estate Taxes (2000) were $1,096 comparing to 1999 Median Family income $ 54,883. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).
Owatonna School District: Children make up 28.1% of Owatonna population. Owatonna has 6,302 under 18 years old residents, or 0.53 kids per one worker, or 0.72 kids per one household.
Owatonna Real Estate & Owatonna Homeownership
There are 2347.38 or 27% one person households, 2955.96 or 34% two person households, and 1217.16 or 14% three person households in Owatonna, Minnesota. Median residents age is 34.9, Senior citizens (65+) make up 2,896 or 12.9%% of Owatonna population.
There are 11,848 workers (over 16 years of age) in Owatonna. Of these, 92.23% drive to work. Approximately 0.26% of workers in Owatonna take public transportation. An estimated 2.5% walk to work.
Median Owatonna homeowner's housing expences are 17.7%
Crime in Owatonna (2003), crimes per 10,000 residents per year
| Type of Crime |
Owatonna |
USA, 2003 |
| Violent Crimes |
18.28 |
47.5 |
| Robberies |
1.78 |
14.2 |
| Aggravated Assaults |
14.26 |
29.5 |
| Property Crimes |
295.09 |
358.8 |
| Burglaries |
53.94 |
74.0 |
| Larceny-Thefts |
230.45 |
241.5 |
| Motor Vehicle Thefts |
10.7 |
43.3 |
Invest in Owatonna Properties
When making a decision about buying real estate in Owatonna Minnesota area, you should consider following statistical data:
| Category |
Owatonna |
USA |
| Near Medium City |
Rochester, Minnesota |
- |
| Near Large City |
Milwaukee, Wisconsin |
- |
| Owatonna Zip Codes |
55060 |
- |
| Owatonna Area Codes |
507 |
- |
| White population |
94.09% |
75.1% |
| African-American population |
1.56% |
12.3% |
| Asian |
0.99% |
3.6% |
| American Indian & Alaskan |
0.13% |
0.9% |
| Hispanic (of any race) |
4.31% |
12.5% |
| Median Family Income (1999) |
$ 54,883% |
$42,000 |
| Population Below Poverty Level |
6.49% |
12.4% |
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