Alpena, MI Real Estate
According to census data in the year 2000 there were 5,229 housing units in Alpena.
This represents a 4.5% growth from 5,002 in 1990.
Of those housing units, 5,146 were located in either urbanized areas or urban clusters, and 83 were located in what is classified as a rural area.
Homeownership rate in Alpena is about 67.4%.
Alpena's vacancy rate, including seasonal lodging, is about 6.1%.
Average household size is 2.22 people.
The majority of houses, apartments or condos in Alpena were built after 1949.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.20% |
| One Bedroom | 17% |
| Two Bedrooms | 22.70% |
| Three Bedrooms | 39.70% |
| Four Bedrooms | 17.10% |
| Five Bedrooms or more | 3.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.39 |
| Median year structure was built | 1945 |
| Median Value of occupied units | $70,600 |
| Median Price asked for vacant units | $72,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.87 |
| Median year structure was built | 1956 |
| Median Monthly Rent asked for vacant units | $371 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 1.60% |
| Home Equity Loan | 7.50% |
| Simple Mortgage | 47.80% |
| Debt Free | 42.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.9% |
