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Minneapolis in Hennepin County, MN has 9 HOAs collecting $21,600 from 6 households. Average Reserve Funding is 48.88% and Average Monthly Payment is $300.
Average Reserve Funding
48.88%
Ideal is 100%. Below 30% indicates high risk of special assessments. Above 70% has low risk of special assessments.
Average Monthly Payment
$300
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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