Unorganized Territory Of Nett Lake MN Demographic Data and Boundary Map
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Unorganized Territory Of Nett Lake, MN
The Unorganized Territory Of Nett Lake is a County Subdivision of County.
The subdivision has a Census Class Code which indicates that the Unorganized Territory Of Nett Lake is
Unorganized Territory Of Nett Lake Data & Demographics (As of July 1, 2024)
POPULATION
Total Population
238 (100%)
Population in Households
238 (100.0%)
Population in Families
195 (81.9%)
Population in Group Quarters1
0
Population Density
8
Diversity Index2
55
INCOME
Median Household Income
$61,251
Average Household Income
$76,754
% of Income for Mortgage4
43%
Per Capita Income
$31,927
Wealth Index5
79
HOUSING
Total HU (Housing Units)
120 (100%)
Owner Occupied HU
75 (62.5%)
Renter Occupied HU
24 (20.0%)
Vacant Housing Units
21 (17.5%)
Median Home Value
$417,500
Average Home Value
$430,000
Housing Affordability Index3
56
HOUSEHOLDS
Total Households
99
Average Household Size
2.40000000000
Family Households
61
Average Family Size
3
NOTES
Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
