Bangor, MI Real Estate
According to census data in the year 2000 there were 804 housing units in Bangor.
This represents a 2.2% decline from 822 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 804 were located in what is classified as a rural area.
Homeownership rate in Bangor is about 64.4%.
Bangor's vacancy rate, including seasonal lodging, is about 10.2%.
Average household size is 2.66 people.
The majority of houses, apartments or condos in Bangor were built after 1955.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.70% |
| One Bedroom | 14.90% |
| Two Bedrooms | 26.60% |
| Three Bedrooms | 41.20% |
| Four Bedrooms | 13.80% |
| Five Bedrooms or more | 2.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.8 |
| Median year structure was built | 1949 |
| Median Value of occupied units | $60,600 |
| Median Price asked for vacant units | $75,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.41 |
| Median year structure was built | 1973 |
| Median Monthly Rent asked for vacant units | $359 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2.80% |
| Home Equity Loan | 6.70% |
| Simple Mortgage | 48.50% |
| Debt Free | 42.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.7% |
