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Champlin in Hennepin County, MN has 15 HOAs collecting $3,585,180 from 1,379 households. Average Reserve Funding is 51.33% and Average Monthly Payment is $241.
Average Reserve Funding
51.33%
Ideal is 100%. Below 30% indicates high risk of special assessments. Above 70% has low risk of special assessments.
Average Monthly Payment
$241
Part of this payment is used to cover operational expenses. The other part is saved in the Reserve Fund to cover future maintenance.
Averages
FindMyHOA
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